We Are Bullish on European Small Caps, Says SGMC Capital's CEO

The video discusses Italy's budget deficit and its potential impact on the economy, suggesting it won't lead to a crisis. It highlights investment opportunities in European small caps due to market corrections. The discussion also covers the euro's recent decline and the dollar's strength, predicting a potential recovery for the euro next year.

What is the general sentiment about Italy's budget deficit for 2019?

• It is a major crisis for Europe.

• It is larger than expected but not disastrous.

• It is smaller than expected and beneficial.

• It has no impact on the European market.

Why are European small caps considered a good investment opportunity?

• They are immune to market corrections.

• They have consistently outperformed large caps.

• They are undervalued due to performance divergences.

• They are expected to outperform US small caps.

What is the expected trend for European equities according to the discussion?

• They will remain stagnant.

• They will decline further.

• They will catch up with global markets.

• They will surpass US equities.

What is the current trend of the euro against the dollar?

• The euro is strengthening.

• The euro is stable.

• The euro is weakening.

• The euro is fluctuating wildly.

What is the anticipated movement of the euro next year?

• It is likely to recover.

• It will stabilize at current levels.

• It will continue to weaken.

• It will be unpredictable.