The policy pivots unlocking new opportunities in Europe
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Learning: Unstructured
David Robinson highlights structural shifts in European defence spending, German fiscal expansion, and supportive ECB policy as key changes driving opportunity. He explains how these shifts have influenced portfolio allocations, boosting exposure to defence, industrial recovery plays, and rate-sensitive sectors. While geopolitical and political risks remain, David sees upside potential in European mid and small-caps, particularly if consumer confidence begins to recover.