The European (non?) discount

Quick Summary:

It is not obvious that European companies’ US exposure represents a bargain.

In September 2024 there was a brief but unwelcome jump in the securities overnight financing rate (Sofr), or the rate at which banks lend to each other against their Treasury holdings.

But there is another way to think about the discount: might European stocks be a way to buy exposure to the US economy on the cheap?

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Article Details

Author / Journalist: Robert Armstrong

Category: MarketsFinanceInvesting

Markets: United States

Topics: Banks Cent Financial Level Index European Exposure Europe Companies Liquidity Data

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 06:30:50 (1 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1056 words

Reading Time: 6 minutes read

Sentences: 52 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 25148633

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 11 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

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Publisher ID: #3

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