星球日报|7月 17, 2026 15:54
[JPMorgan: European Stock Markets May Continue to Underperform Globally During AI-Dominated Market]
Odaily Planet Daily News - Fabio Bassi, JPMorgan's Head of Cross-Asset Strategy, stated that as long as artificial intelligence remains the main market theme, European stock markets are likely to continue underperforming compared to other major global markets. Bassi said: 'If the AI theme remains dominant, I believe Europe will not be able to close the gap with other markets.' He pointed out that Europe faces structural headwinds such as higher policy rates, elevated energy prices, and lower productivity. However, he noted that from a mid-term macroeconomic perspective, the European market still has supporting factors. Given Europe's large number of export-oriented companies, European stock markets will benefit in the context of a resilient global economy. (Jin10)
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