Eurozone Recovering

The European Central Bank is widely expected to start easing in June, lowering interest rates at a measured pace to prevent a weakening of the euro. But real GDP growth in the Eurozone already resumed last quarter after two quarters of contraction. Today, we look at key economic indicators, inflation statistics, and the stock market over there, which seems reasonably valued in light of forward earnings, revenues, and profit margins. … Also: The MegaCap-8’s ytd outperformance of the S&P 500—and all of its style indexes—has been a boon to the broad index so far this year.