European earnings trend – Citi

Question: how long will this hold ?

Source: Citi

Nothing much to add. This comes from a slide pack from Citi’s European equity strategy team, lead by Jonathan Stubbs.

The pack has a number of very interesting slides. The most interesting to me is the following, which gives a number of historical reference points from past market peaks (March 2000, October 2007) and current numbers.

Source: Citi

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