J.P. Morgan is predicting a 10- to 15-year period during which European stocks will provide better returns than U.S. equities. According to J.P. Morgan’s John Bilton, European equities are poised to take the lead thanks to factors including an overvalued dollar, cheaper starting valuations, and higher dividends on the other side of the Atlantic. U.S. stocks will still perform well, but Europe and the rest of the world are about to catch up to American equities’ growth rates in the near future – or so they think.
