Europe’s shares look attractive as US peaks

Investors experienced a very strong year during 2017, writes David Holohan.

Global stock market indices performed extremely well, generating gains in excess of 20% in the US and more than a 10% increase across many markets in Europe.

Levels of volatility were incredibly low during 2017 and set several records, reflecting an ongoing ‘buy the dip’ mentality among traders given the continual upwards bias in stock prices irrespective of negative surprises.