Executive Summary
European equities broke a 10-year structural discount range on December 31st, marking the first technical breakout since 2015. Morgan Stanley's Chief European Equity Strategist Marina Zavillock identifies this as a regime shift where the 23% valuation discount to US markets begins compressing rather than widening. The catalyst is AI adoption quantification showing European AI leaders outperforming both the European index and their sectors, with this performance gap expanding each quarter. Europe...
Key Investment Opportunity
European AI Adopter Discount Compression
Quarter of European index showing strong earnings outperformance versus sectors, trading at 27% discount to US equivalents with broadening adoption cycle ahead
...and 2 more investment opportunities
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