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BAML FMS What do you think the biggest tail risk is......

00:01 - 19/08/20

 

 

Based on the price-to-book ratio, Eurozone stocks are really, really cheap!

 

 

That's a V-shaped recovery

 

 

Do stocks look like a bubble to you? Here is long-term liquidity valuation ratio

 

 

As the number of confirmed Covid-19 cases rises in some European countries, economic activity has turned, according to Bloomberg Economics

 

 

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