The Kobeissi Letter|Feb 07, 2026 22:43
European stocks are experiencing an incredible run:
The Stoxx 600 index has gained for 7 consecutive months, the longest streak since 2013.
This is also the 2nd-best run this century and one of the strongest in 40 years.
During the streak, the index has rallied +14.4%.
The run has been fueled by mining stocks, with the Stoxx Basic Resources index surging +65.6%.
Banking stocks have followed, with the Stoxx Banks index soaring +39.9%.
Is Europe's economy finally starting to gain momentum?(The Kobeissi Letter)
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