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To get started, email lester@unum.co.za
Well done to clients who have been positioned for a resurgence of European Equities.
We made our case for European equities on 26 September, citing an undemanding valuation near it's all-time highs.
Despite trading near-time highs at the time, the relative performance (vs US equities) was muted for a number of year.
Opening an email this week, I just had to smile looking at the headline below:
Previous Post: European Equities: Inexpensive Near All-Time Highs
Thursday, 26 September 2024 at 21h12
ETF: iShares Europe
Ticker: IEV
Trading at 52-week highs, but remains relatively inexpensive
Current Price = $58.78
Medium term target = $68
The setup is invalidated below 54.00
Lester Davids
Analyst: Unum Capital
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