Darius McDermott: Is Europe the place to be for investors in 2021?
By Darius McDermott 15
th December 2020 7:54 am
I’m a big horse racing fan, and I always remember a horse called Sizing Europe, which was always there or thereabouts in the big races.
For one reason or another I never quite took to him. Despite everything pointing to his quality, I let sentiment get in the way and missed the boat by not backing him when he won one of the biggest races of the season in 2010 – the Queen Mother Champion Chase.
That’s precisely how many have felt about investing in Europe generally in recent times. Sovereign debt, Brexit and a more cyclically-driven economy – for more than a decade now there have been plenty of reasons for investors to sidestep Europe in favour of other parts of the globe. Yet, as hopes of a V-shaped recovery pick up once again, it appears Europe could be the place to be going into 2021.