UBS AM Favors European Stocks, Brown Says

The video discusses the European market, highlighting its cyclical nature and value sectors. It notes the impact of negative interest rates on the economy and small caps. The potential for German fiscal stimulus is explored, with political pressures possibly leading to increased spending, which could positively affect the European economy.

In what ways might the improving economic outlook impact small caps in Europe?

What are the potential risks associated with the German fiscal spending outlook?