Strategists of the American bank “Citigroup” believe that that analysts’ constructive forecasts of the worth of European businesses are a warning that investors could quickly endure a reduction.
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“Bloomberg” refers to the head of Citigroup’s strategic group, Beata Mantej, and writes that analysts, speaking of shares of European companies, have returned to the recommendations of a developing (bullish) market. This, in switch, was earlier a sign that the current market would tumble even more.
Bankers’ associates feel that the truth that there will be a scarcity of organic fuel in Europe in autumn and wintertime, that economies will sluggish down, that desire costs will increase and that there is political uncertainty in Italy and Britain is not adequate. appreciated.
The most significant risk is in the engineering and consumer items sectors. Utilities, transportation and automotive sectors look safer at the moment.
