Last Time Strategists Were This Bullish, European Stocks Tanked

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For the first time in eight years, market forecasters are making a bold call on Europe: not a single strategist surveyed by Bloomberg predicts a significant equity market decline in 2026.

The Stoxx Europe 600 Index is expected to rise about 7% by the end of next year, reaching 620 points, according to the median forecast. The last time strategists were this uniformly bullish was for 2018, when the Stoxx 600 plunged 13%.