European stocks are poised to outdo their American peers. These catalysts explain why.

JPMorgan raised its year-end target for European stocks again, signaling continued relative optimism toward Europe. Panmure cautioned that stretched U.S. valuations could translate into negative equity returns over the next decade, a warning that points to lower expected long-term U.S. market performance rather than an immediate catalyst.

Analysis

JPMorgan raised its year-end target for European stocks again, signaling continued relative optimism toward Europe. Panmure cautioned that stretched U.S. valuations could translate into negative equity returns over the next decade, a warning that points to lower expected long-term U.S. market performance rather than an immediate catalyst.