The war in Ukraine has turned Europe, except the UK’s FTSE, into the underperforming region for stocks – an understandable / logical reaction. We see no reason to 2nd guess what’s in President Putin’s mind hence its nigh on impossible to forecast when things will turn around for these markets, but opportunities are likely to present themselves at some point in time hence it’s a time to be patient.
MM is short-term bullish European indices
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