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Lombard Odier: European, EM equities to outperform US

A divergence in valuations and monetary policy strategies means European and EM equities should outperform the US market, according to Lombard Odier. “The relative cheapness of European equities exists despite supportive underlying economic fundamentals, and the fact that European companies enjoy much greater exposure to the strengthening recovery in the emerging world and continued monetary stimulus,” says the bank, adding…

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