Morgan Stanley Sees 40% EPS Growth for European Banks

The video discusses the economic recovery and earnings data, highlighting the backward-looking nature of current data and the global outlook of European companies. It examines the impact of Asia, particularly China, on European markets and suggests a potential shift in portfolio exposure towards Europe. The focus then shifts to European banks, noting their strong performance and growth prospects, and the potential benefits of rising global bond yields on the banking sector.

What changes are anticipated in the European equity market as the year progresses?

What role do global bond yields play in the banking sector's valuation?