The two clear (and anticipated) outperformers by way of all of this have been know-how and well being care. Looking on the different end of the spectrum, travel & leisure stocks were undoubtedly the losers, impacted dramatically by the pandemic, followed by banks and oil & fuel. Whilst we aren’t seeing all-time highs as in the United States in terms of positive macro surprises, the euro area appears to have now troughed and has reverted sharply.
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- Further, consistent