European stocks will outperform US in coronavirus recovery race, Barclays projects [MSNBC.com]
Barclays PLC (BCS)
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Source: MSNBC.com
Barclays Bank's UK headquarters in Canary Wharf, London.Matt Crossick/PA Images via Getty ImagesEuropean equities are better positioned than their U.S. counterparts for a prospective recovery from the coronavirus downturn, according to Barclays.In a research note Wednesday, the British bank said it was "overweight" European equities versus U.S. equities, reflecting a belief that despite a rocky run of late, European stocks were now good value and expected to outperform during a potential six- to 12-month recovery.Despite suffering their worst first quarter on record, U.S. stocks have benefited from their relative safe-haven status year-to-date, but could see their global leadership challenged in the wake of the coronavirus pandemic, Barclays strat
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- 3/28/25 - Form 6-K
- BCS's page on the SEC website