Global Equity Strategy: Buy Energy & Financials; EM Improving
We are seeing rotations back into risk-on areas of the market (Energy & Financials), a bullish sign for global equities. We are bullish and we...
286 Views
Bankinter: Linea Directa Spin-Off
LDA will debut with a P/E 12x-13x, an attractive price, below the median of comparable European general insurers (Fwd P/E of 17x), which should...
511 Views
Major Breakout For EURO STOXX 50
Our intermediate-term outlook remains constructive with major support levels holding on the broad global indexes (MSCI ACWI, ACWI ex-US, EM, and...
201 Views
Caixabank-Bankia: ROE Boosting Digital Opportunity
Management presented the case for the merger convincingly, and our prior concerns regarding the share exchange ratio have, in our view, been...
226 Views
European Banks – Paid to Lend
The European Central Bank (ECB) provided EUR1.3tr to banks at a negative interest rate, to promote, to push lending, to support economies,...
297 Views