Why are European indices so high? (FTSE / CAC / DAX)
Looking at the fundamentals, I can't understand why the European indices are so high.
The CAC is currently at an ATH, and the DAX and FTSE seem to both be gunning for their ATH's.
Is this just money shifting away from the US in favour of more defensive stocks for the upcoming global recession? Or is something else going on? $FUJIFILM Holdings (ADR) (FUJIY.US)$ $Camden National (CAC.US)$ $Horizons Dax Germany Etf (DAX.US)$
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