Russell Investments: Green Shoots in Europe

The video discusses the impact of Brexit on European equities, highlighting the uncertainty it has caused. Despite this, the economic environment in Europe shows moderate growth, with EPS growth slightly higher than in the US. Valuations in Europe remain reasonable, making it a more attractive option compared to the US. The European Central Bank's support has contributed to positive economic signals, although Brexit continues to pose uncertainty.

What role does the ECB play in the European economic environment according to the text?

What broader uncertainties does Brexit bring to the economic environment in Europe?