Wall Street Dealmaker Moelis 'Very Bullish' on Europe

Market Sentiment & Economic Outlook - The industry expresses strong optimism about long-term prospects, cautioning against short-term pessimism [1][2] - The industry believes focusing on long-term trends reveals a positive outlook, even amidst current turbulence [2] - The industry suggests that negative headlines often overshadow the underlying progress and opportunities [4] - The industry anticipates positive economic developments in the next 6 to 12 months, including stable tax rates in major economies [4] European Market - The industry is very bullish on Europe, expecting higher growth rates and improved stock market performance [5] - The industry notes potential acceleration of growth in Europe, driven by factors like lower regulations and energy prices [5] Strategic Recommendations - The industry advises against excessive caution and holding onto cash, suggesting it would be a mistake [3] - The industry encourages focusing on building and long-term strategies rather than being distracted by daily news and short-term fluctuations [6]