An ICYMI re Barclays calling European equities higher in 2024:
- forecasts STOXX 600 (a Europe benchmark) to end 2024 at 485, that around 6% higher than current levels
Barclays cite:
- higher rates pressure easing
- hard landing scenario avoided
Barclays recently said that global equities are set to outperform core fixed-income assets in 2024, also citing their expectations that the threats of a global economic slowdown are receding.