By Sagarika Jaisinghani, Julien Ponthus and Michael Msika, Bloomberg markets live reporters and strategists
A slew of risks including corporate earnings — just look at Stellantis NV this morning — await European stocks in the fourth quarter, raising the bar for a year-end rally.
At a time when the Stoxx 600 index is notching record highs, money managers at Goldman Sachs, BlackRock and Northern Trust Asset Management warn gains could remain tepid in the coming months. And while China’s long-awaited stimulus measures could provide new momentum, the bar is high for European sectors to benefit meaningfully.