Review
"In an era when American are perhaps more provincial than ever with their investments, 'Invest in Europe Now!' is a very useful addition to the literature." (
Barron's, July 2010)
From the Inside Flap
With the U.S. financial system facing unprecedented reorganization—after one of its worst crises ever—and European markets continuing to mature, the attractiveness of Europe as a viable investment option has grown quickly and will continue to do so for the foreseeable future.
Nobody understands this situation better than authors David Kotok and Vincenzo Sciarretta, and with Invest in Europe Now!, they zero in on the Eurozone and the United States as they discuss the potential and pitfalls of investing in a rapidly shifting global financial environment. Page by page, they take an historical perspective on the evolution of these markets and methodically show why, in the aftermath of the financial crisis, the equity investment pendulum is set to swing in favor of the Eurozone.
Divided into three comprehensive parts, this informative guide opens by outlining today's macroeconomic framework and laying out the argument regarding where you should invest. In doing so, it reviews the evolution of stock markets and the making of the single Eurozone market, discusses the success of the euro and makes a euro-bullish case relative to the dollar, and walks you through the labyrinth of taxation.
With this information in hand, Part Two moves on to offer a detailed analysis of successful investment strategies used in the region and examines issues related to valuation and emerging Europe. It also addresses some effective options for investing in Europe, most notably low-cost exchange-traded funds.
Rounding out this comprehensive discussion, Part Three of Invest in Europe Now! contains valuable insights and advice on where specific investment opportunities present themselves in Europe. The section includes ten unique interviews with supergurus William Clark, Felix Zulauf, Marc Faber, Mark Mobius, Ed Yardeni, Ken Fisher, Emanuele Ravano, Catherine Mann, FranÇois-Xavier Chevallier, and Bob McKee.
Written from the unique perspective of an author who lives in Europe and an author who lives in the United States, this book offers an excellent assessment of the realities of investing in Europe and how you can benefit from doing so.
