Resilience in the face of geopolitical uncertainty

The Allianz Equities Outlook, authored by Christoph Berger and Thomas Grillenberger, examines resilience in European markets amid geopolitical uncertainty. Key insights include:

• Despite political and economic challenges, European equities have delivered strong • Sector-wise, banks, financial services, and utilities have seen upgrades, while automotive and consumer sectors face downgrades due to weaker demand.
• The European earnings outlook remains stable, with projected EPS growth of 10% in 2025.

For further analysis and sector-specific strategies, download the full report.