JPMorgan's Ward Urges Buying European Stocks as Oil Retreats to Early-War Levels
Updated
Updated · Bloomberg · Jun 18
JPMorgan's Ward Urges Buying European Stocks as Oil Retreats to Early-War Levels
2 articles · Updated · Bloomberg · Jun 18
Summary
Karen Ward said investors should buy European equities, arguing the region now offers an attractive entry point after a prolonged selloff in sentiment.
Oil prices have fallen back to levels last seen in the early days of the war, easing one of the biggest pressures on Europe’s market outlook.
European stocks also look relatively cheap because AI-driven gains have concentrated in US and Asian markets, leaving the region lagging on valuations.
Ward said that entrenched investor aversion to Europe is itself creating the opportunity, with negative positioning potentially setting up a rebound.