Andreas Sauer
- Features
Using the P/E test
The number of investors questioning the sustainability of the stock rally over the past months is increasing. European stocks have gained nearly 40% since their low in mid-March and nearly 13% year-to-date. While the overall sentiment seems to remain positive due to improving macroeconomic news, especially in the US, investors ...
- Features
Sobering long-term view
The ‘Golden 90s’ for equities are definitely over. In the mean time, most investors have recognised that the sooner we put the past decade behind us, the better off we will be at the end of the next decade. Equity markets across Europe have fallen sharply over the past two ...
