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I hereby declare that:
Europa is the figure from Greek mythology who gave her name to the continent of Europe. She was a Phoenician princess who was abducted by Zeus and brought to Crete. European stocks are hidden and unloved like the princess. The valuation gap to US equities is now at an unjustified record high even when excluding the magnificent 7, the US tech mega-caps at lofty valuations, from the picture. Time to revisit the Old Continent.
