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DBUK - Investors In Europe Beware Problematic Politics
Xtrackers MSCI United Kingdom Hedged Equity
Elga explains why politics pose the biggest risk to our base case that European growth should rebound in the second half of this year - and why the European Central Bank's perceived lack of policy options is also a concern.
We expect eurozone growth to pick up in the second half of this year. But the risks around our favorable base case are considerable - and they are mainly tied to potential political troubles.
The UK has bought more time to hammer out a Brexit agreement, but uncertainty remains. There may be renewed escalation of