Move aside emerging markets, investors are now eyeing Europe
Share Now on:
Since the spring, investors have gradually been shifting away from emerging markets. The Financial Times is reporting now that American investors have put more money into European stocks than at any time since 1977.
Marketplace’s Stephen Beard joined host David Branaccio to discuss. He said this is another sign that the U.S. is becoming more confident about the Euro zone. But few believe the crisis is completely over.
“Greece needs a third bailout. That won’t go down well with German taxpayers. This crisis could easily flare up again in the fall,” he said.
Marketplace’s European editor Stephen Beard joined host David Brancaccio.
Click the audio player above to hear more. And click here to listen to David’s conversation with Julia Coronado, chief economist with BNP Paribas, about the shift away from emerging markets.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.