Guenther Gerstenberger
Guenther Gerstenberger
attractive banks bond environment high less markets normal rising spaces stock yields
Banks and utilities are high dividend-yield spaces and they become less attractive as bond yields rise. It's normal in an environment of rising bond yields to see stock markets correct.
compensate europe fairly interest markets rate stocks
Markets can still rise. Stocks in Europe are fairly valued. They can compensate for a lot of interest rate rises.