A decrease of regulatory issues combined with the ability to distribute more dividends will be key drivers of improvement for European financial-services firms, says Causeway manager Harry Hartford.
Germany is hitting negative sovereign yields, while Spanish regions and banks seek financial assistance from their parent country, which needs a bailout of its own.
In this special one-hour presentation, Morningstar experts share their takes on how investors can navigate a world with slightly overvalued stocks, an uncertain interest-rate environment, and a slow-growing economy.
Equities aren't overvalued compared with cash and bonds, and probable earnings growth and central bank support should keep valuations afloat, says Nuveen's chief equity strategist.
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