Europe
3 bull · 2 bear · 1 neutral · exact words, dated and sourced
+4Europe squeezed between China and its own bills: write-off or the trade everyone gave up on too early.
The count, last 30 days: 3 bull, 2 bear. The tape leans bull. A count, not a verdict.
The tape
Jul 06
Jul 13
Jul 20
bullbearclaims filed per week
What the people who move markets are saying about this, in their own words. These are views on the record, not scored bets: when a call here grows a number and a deadline, it moves to the scoreboard. Newest first.
Bull
Asked if European earnings can offset higher oil: 'that definitely appears to be the case for now' @2:34, with Euro Stoxx 50 futures 'just resilient' despite overnight US-Iran attacks and rising energy prices @2:39; adds weak US tech today would also be 'a positive for the European equity complex' @2:56.
“So, you know, it's a case of earnings are strong enough. They're expected to remain strong enough. In terms of the key sectors, it looks like energy, financials, and to a lesser extent consumer staples. They're providing an offset.”
Bull
He marvels that with 'Brent was on a 90 handle', European natural gas at multi-month highs, 'stock 600 was doing nothing' and sits only 2% off all-time highs @2:02, having outperformed the US and Asia month to date; PMIs 'rose last month, expected to do so again' @2:29 and Q2 earnings are 'relatively strong, expected to show up momentum throughout the year' @2:33, with Europe 'offering an offset for any tech angst' @2:44.
“But also think from a macro perspective, there's relatively high bar to price a growth shock from the conflict at this stage.”
Neutral
Direct answer to Guy Johnson's question 'Can europe rearm without the americans?' (@42:08). Adds Europe 'want to be able to do more by themselves' (@42:34) and backs going to 3.5%-5% defense spending if 'well spent in europe means working together' (@43:28).
“I don't think so. I think uh The americans are allies of europe.”
Bear
Said while listing diversification destinations: 'we're looking at, you know, places like Korea, India, that's a good place where there's growth' @3:41, explicitly excluding Europe.
“Europe doesn't look that attractive, because Europe's growth is stagnating.”
Bear
'They are. I don't believe in a position to catch up' (@6:41) on AI: 43 of the largest 50 AI companies are US-based, Europe has one (ASML, ~$800B); Germany/France flat, UK interest costs too high, no unified capital market ('intra family back and forth' @8:09). Concedes Europe is 'incredible' for intellectual capital but doesn't harness it.
“So I think it's a long time before Europe realizes the promise of what they want to achieve”
Bull
On new Fed chair Warsh stripping out forward guidance:
“People have basically given up on Europe. Investors have basically given up on Europe and that's when you buy.”
…I tried to find shares was that the word I didn't learn as a younger man and the reason I 've been rich three times, which means I 've gone broke twice. The reason I've gone broke twice is that I didn't understand the power of diversification. And it's easy to become concentrated without even knowing it. You know, ProfG Media is essentially an American company talking about American tech. We get a lot of advertisers from AI. I am over invested in technology stocks . I am so concentrated and non-divested accidentally, "Nick, well, I'll buy some S&P funds." Well, okay, 40% of the S&P is in 10 companies now, all related to AI. So one of the reasons I like this company as a personal investment is I want to invest more in Europe. People have basically given up on Europe. Investors have basically given up on Europe and that's when you buy. And two, I want diversification out of anything American and tech related because winter is coming as Daenerys and every other person from Game of Thrones said. And then also, the labor arbitrage. What do you think a talented senior product manager costs in San Francisco versus Milan? Especially after AI. Exactly. It's not like it's child labor. I would imagine that in Milan, if you 're making 120,000 euros, actually Milan 's gone a lot in price, but I would imagine for 120, 000 euros in Milan, you can probably…From: this video · 6 claims mined from it
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We write down what public figures predict, in their exact words, and check the result when the deadline arrives. Every line links to its source. How we score · Corrections · The scoreboard
© 2026 Pundit Rumble · independent and unaffiliated · updated every market morning · not investment advice.
We write down what public figures predict, in their exact words, and check the result when the deadline arrives. Every line links to its source. How we score · Corrections · The scoreboard
© 2026 Pundit Rumble · independent and unaffiliated · updated every market morning · not investment advice.