Euro-zone risk premia could stay high for a while yet

The valuations of euro-zone assets are now very low relative to those in the US, but we don’t think that’s a reason to expect the former to outperform the latter any time soon. UK Drop-In (20th July, 10:00 ET/15:00 BST): Could high inflation tip the UK economy into recession? What impact will the race to succeed Boris Johnson have on the economic and policy outlook? Join our UK team for a 20-minute briefing to mark the publication of their Q2 UK Economic Outlook. Register now.

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