Consensus expectations for European market EPS growth had been around 10% prior to this weekend. Now Citi thinks 8% more likely but risks are tilted to the downside.
Citi Downgrades European Stocks on US Friction Over Greenland BloombergOne Wall Street bank wastes no time downgrading Europe over Greenland threat MarketWatchMorgan Stanley: Trump tariff threat poses limited broad risk to Europe stocks investingLive
The U.S. stock market has pushed higher this year despite angst over the Federal Reserve's independence and heightened tensions around U.S. foreign policy.
