EXPECTATIONS COMMENTARY

By IPEFebruary 1999 (Magazine)

Though the ‘euro-phoria’, reflected in last month’s Market Expectations Indicator, may have helped drive the equity rise in Euro-zone markets after the change-over weekend, some of that enthusiasm has evaporated. Judging by this month’s indicators (see pages 14/15), just 65% of respondents are expecting euro equity rises, compared with 70%.But, ...