Citi's Baldwin Sees Upside Catalysts in Europe Market

The video discusses investment strategies, emphasizing staying invested despite potential policy surprises in the US. It highlights the European market's undervaluation compared to the US and suggests potential catalysts for growth, including a ceasefire and fiscal stimulus from China. The video also touches on trade negotiations and the market outlook, predicting possible earnings growth and market re-rating.

What investment strategy is suggested to handle potential policy surprises in the US?

• Invest solely in US markets

• Withdraw all investments

• Focus only on emerging markets

• Adopt a barbell strategy with exposure to Europe

Why is Europe considered undervalued compared to the US?

• Due to a 40% discount by historical standards

• Because of political instability

• Because of higher inflation rates

• Due to stronger economic growth

Which country is expected to provide fiscal stimulus that could impact European markets?

• China

• India

• Brazil

• United States

What is a potential change in trade negotiations with a Trump 2.0 administration?

• Increase in tariffs

• More focus on negotiation rather than blanket tariffs

• Complete removal of tariffs

• No change in trade policies

What is the expected market growth for Europe next year?

• No growth

• Low single-digit growth

• Negative growth

• High single-digit or double-digit growth