The effect of war is affecting europe big time. Almost putting them in a potentially catastrophic position.
Euro is at parity with dollar for the first time since 2003.
Will it end here ? It’s tough to say unless something drastic happens on the war front and russia agrees to supply gas and oil to europe.
Some observations
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Companies with huge exposure to europe needs to be kept on radar.
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Excess dollar value may lead to bankruptcy of many developing poor economies
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how long can even US allies sustain this needs to be seen.
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After all this and multi decade inflation highs, rates in Europe are at zero. What happens once rate hikes happen or will the devaluation of currency continue
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In all this chaos, countries like India and China are getting stronger and stronger.
What are your views on europe going forward?