After several months of hesitancy during which European stockmarket performance was consistently disappointing, left behind by almost all other major global asset classes, could there be more encouragement for investors in last few weeks of the year? Recent developments mean that it is very tempting to predict a rally. That is especially the case since, unless the European markets show signs of waking up soon, it will become increasingly difficult for European investors to maintain hopes of a long-overdue rally.
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