The European stock market has been buzzing with the rise of a select group of heavyweights, affectionately called the GRANOLAS. Coined by Goldman Sachs, this nickname refers to eleven European companies that have eclipsed the broader stock market’s performance in recent years. In this blog post, we will delve into who the GRANOLAS are and why they have become Europe’s magnificent stocks.
The European luxury sector, renowned for its elegance and timeless appeal, finds itself at a critical juncture in 2024. As the global market grapples with the aftermath of the pandemic, luxury brands face a range of challenges and opportunities. This article explores insights from various sources to shed light on the outlook, focusing on the significance of Chinese consumer behavior, the performance of key luxury players, and the potential for growth and transformation.
Despite a rocky year in 2023, entertainment stocks are expected to rebound in 2024, as the tides are turning. Streaming and gaming services should recover, boosted by increased advertisement support and streaming bundles, analysts believe. Emerging markets, such as Indonesia, will also bring growth.
Despite early-year doubts, Europe’s stock market has defied expectations with a remarkable rebound in 2023. The Euro Stoxx 50, a key benchmark for European corporate giants, has surged by an impressive 19%, rebounding from a 12% drop in 2022.
This resurgence has been driven by a combination of factors, including easing economic concerns, improving corporate earnings, and a shift in investor sentiment.
And, against the background of the overall good performance, there are companies that stood out, posting impressive growth.
India, after dethroning China as the world’s most populous country, is also one of its fastest-growing major economies. With a young and growing population, a rapidly expanding middle class, and a growing skilled workforce, India is poised for a period of sustained economic growth. This article aims to analyse the strengths, opportunities and weaknesses of the Indian economy as well as provide a way to gain exposure into the Indian market. We’ll start with India’s strengths.
