More "croissant and cafe au lait" - juice in the MEGA trade
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Off to a good start
Europe has delivered its 4th-best beginning to the year on record – other years of notable starts included 1997, 1999, and 2023, which all experienced above-average returns for the balance of the calendar. European EPS revisions are actually at their strongest in 6M (even outdoing the US in the past 4 weeks). Let's go over some things that are working in favor of the MEGA trade now and look at a potential catch-up trade.