Europe’s Pitch Book: Europeans still prefer to invest at home
From the original
https://think.ing.com/opinions/europes-pitch-book-if-they-invested-europeans-would-prefer-to-do-that-in-europe/
Related speeches
4 itemsEurope’s Pitch Book: The case against European pessimism
Europe's Pitch Book: How digital technology strengthens Europe
Europe’s Pitch Book: Europeans still prefer to invest at home
The desk notes that despite prevalent pessimism about Europe's economic outlook, Europeans continue to show a strong preference for domestic investments. Per the full note by Marieke Blom, about 50% of the equity holdings of eurozone households are invested in EU-issued equity, indicating a significant home bias that contrasts with global investment patterns. This behavior could have broader implications for capital availability in Europe, affecting growth and innovation. Given these dynamics, our outlook for EUR/USD remains constructive, particularly as local investments stimulate the economy and bolster currency confidence.