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Wall Street strategists predict European stocks will see their strongest performance in 20 years and are expected to crush U.S. stocks

According to online reports, many Wall Street institutions have rarely reached a consensus prediction that as Europe's economic prospects improve, European stock markets will experience their best annual performance relative to U.S. stocks in 20 years. According to a Bloomberg survey of 20 strategists, the Stoxx Europe 600 Index is expected to close around 554 points at the end of the year, still having room to rise from current levels. JPMorgan Chase set a top target of 580 points, while Citigroup predicts the index will rise 4% to 570 points. JPMorgan Chase's forecast shows that the Stoxx 600 will outperform the S & P 500 by 25 percentage points in 2025, a record high, while Citibank's forecast is the best since 2005. The latest Bank of America survey shows that global fund managers 'net allocation of European stocks has reached 35%, while their net allocation of U.S. stocks has dropped to its lowest level in two years. (Jin Shi)

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