We Are Very Selective in European Equities, Says Barclays’s Cau

The video discusses Barclays' strategy on European equities, highlighting a cautious yet optimistic view on the market. It addresses concerns about the German economy, suggesting potential recession risks. The discussion also covers the earnings outlook for 2019, noting a cautious stance due to strong base effects from 2018 and limited growth expectations in both the US and Europe.

What concerns are raised regarding the German economy and its potential recession?

How do the earnings outlooks for the US and Europe compare according to the text?