Natixis’ Lafferty: Valuations More Compelling in Europe

The transcript discusses the French election's impact on markets, highlighting the potential effects of candidate Bayrou not running and Le Pen's influence. It examines economic data from Europe and the US, noting improving conditions and market trends. The discussion compares market valuations between Europe and the US, emphasizing differences in profitability and risks. Finally, it explores the value of sovereign versus corporate bonds, with a preference for corporate bonds due to better returns and tighter credit spreads.

What are the potential implications of the French election on European equity markets?

How does the economic data suggest the current state of the economy?

What factors contribute to the valuation differences between US and European markets?

What is the significance of the news regarding Bayrou's decision not to run in the French election?

In what ways has the corporate bond market been viewed compared to the sovereign bond market?