• An October 29, 2026, analysis sees European equities supported by earnings growth and reasonable valuations.
• MSCI Europe earnings per share excluding energy are expected to grow about 15% in 2026; the market trades around 14.2 times forward earnings.
• Higher valuation multiples have driven much of the recovery in European equities, with earnings growth also contributing.
• Europe's valuation discount to US equities has begun narrowing, potentially reversing an almost decade-long trend; the gap is not expected to disappear.
• Lower technology exposure offers diversification from AI-concentrated US equities; Europe's greater financial-sector exposure could benefit from higher interest rates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Europe Capital Partners SA published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.