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        Weekly Market Update

        Regional Paths of 2023 Earnings Expectations

        Dane Smith
        Senior Investment Strategist

        Insight of the Week

        • Since the equity market lows in October 2022, MSCI Europe has returned almost 34%, which is roughly 1.5x the next closest region (Japan), while the S&P 500 has seen a comparatively low 16% bounce.
        • Factors such as cheap valuations, a weakening dollar, and softening inflation have driven the European outperformance in recent months, but most importantly, it’s been the path of earnings expectations.
        Read the latest

        More on Market Perspectives

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