Standard Life's Gilbert Says European Bonds Look Very Overvalued

The video discusses the current state of the European bond market, highlighting negative yields in Germany and overvaluation concerns in Portugal and Spain. It examines challenges faced by European financials, particularly due to competition from U.S. banks and investment banking activities. The ECB's role in managing rates and encouraging better bank management is explored, alongside the need for fiscal stimulus to boost growth. The video concludes by suggesting investment opportunities in emerging markets, where better returns and value can be found.

What is the significance of investment banking activities for European banks?

What role does the ECB play in the current economic situation in Europe?

How might fiscal stimulus impact the European economy moving forward?