Week of February 10, 2025
In our February 3, 2025 Sigma Signals, we noted that the European Union was taking action to spur economic growth on the continent. On Friday, the Wall Street Journal posted a headline reading “Europe is Looking to Roll Back Climate Accounting Rules” lending further evidence that Europe recognizes the disproportionate damage to its economic prospects from its climate efforts. Prospects for profitability of non-US companies may become compelling and could suggest an increase in exposure is warranted. Our Signals remain unchanged this week.
Bob Bilkie, CFA
