US investors pile into European equities - FT.com
This speaks to the relative value of Europe that I have been discussing. Especially in the context of an emerging reflationary trend, it suggests an overweight European position. Clearly, the liquidity is headed that way. Where are the Japanese on this I wonder."US investors have pumped more money into European equities than at any time since 1977 in a big vote of confidence for the region and its ability to recover from the sovereign debt crisis.Pension funds and other big US groups invested $65bn in European stocks in the first six months of 2013, the highest in 36 years over that time period, according to research compiled by Goldman Sachs’ European strategy team from US Treasury data."
This is the Nokia Lumia 1520, a giant 6-inch 1080...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.