Chautauqua Capital's Beitner Talks Europe with U.S. News and World Report

Brian Beitner, Chautauqua Capital Management Managing Partner, discusses his optimistic view on financial markets in Europe in a June 29 article for U.S. News and World Report. Following a series of positive signs in major European stock indexes and crucial elections, Beitner sees increased stability in the Eurozone.

(excerpt)

The recent French elections aren't helping Britain's negotiating prospects, either. Newly elected French president Emmanuel Macron is already working closely with Merkel, notes Brian Beitner, managing partner and chief executive officer at Chautauqua Capital Management, a division of Baird in Boulder, Colorado. 

"While there are no immediate investment implications, Macron's early strategizing with Merkel is momentous," Beitner says. He believes "further Franco-German economic integration" will weaken the United Kingdom's position to negotiate a favorable new trade agreement with the Eurozone.

...Beitner says, "All things being equal, the stocks of European companies that operate in the region should be afforded higher valuation multiples because the economy there should be less volatile."


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Chautauqua Capital Management is a division of Robert W. Baird & Co. The opinions are those of the author and subject to change.

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