贸易战+中东乱局也挡不住！华尔街最新共识：欧洲经济给力 欧股还能涨

Group 1 - European stock market is expected to experience a slowdown in upward momentum but will not end, with the Stoxx 600 index projected to reach 557 points by year-end, indicating a 3% upside from recent closing prices and an expected annual return of 10% [1] - The gradual easing of monetary policy by the European Central Bank and increased fiscal spending by governments are expected to provide sustained momentum for the stock market, effectively countering negative impacts from trade barriers and geopolitical tensions [1] - Despite intertwined risk factors, the stock market has shown remarkable resilience, with long-term structural benefits for European stocks highlighted by analysts [3] Group 2 - Investor sentiment remains positive, with a net 34% of European investors optimistic about local stock performance in the coming months, and a net 75% bullish outlook for the next 12 months, reflecting a significant recovery in confidence [6] - Asset allocation trends indicate a net 34% of fund managers have increased their holdings in European stocks, while a net 36% have reduced their exposure to U.S. stocks, suggesting a shift in investment focus [6] - European stocks have outperformed U.S. stocks this year, with analysts noting that the impact of tariffs on U.S. companies will be greater than on European counterparts, and potential ceasefire agreements between Ukraine and Russia could further boost the market [8]