Bloomberg Surveillance · Monday, July 13, 2026
The US is seen as the primary investment destination due to its superior earnings growth potential, projected at over 20% compared to Europe's 10-15%. This divergence, coupled with Europe's energy vulnerabilities and recent escalations in the Middle East, contributes to the US's advantage.
“It's that old a dage that comes over and over again. And I think the issue is which is the old issue which continues again earnings growth Europe continues to like the US and earnings growth again this year and listen talking about approximately twenty percent plus learnings growth in the US and only around ten to fifteen percent in Europe.”
“This vulnerability of the continent, especially when it comes to energy, and given again the recent escalation of Iran, that that brings complexity to the European narrative.”