Svmuu News JPMorgan Chase Fabio Bassi, Head of Cross-Asset Strategy, stated that as long as artificial intelligence remains the dominant theme in the market, European stocks are likely to continue underperforming other major global markets. Bassi said, “If the AI theme remains dominant, I don’t think Europe will be able to close the gap with other markets.”He pointed out that Europe faces structural headwinds such as higher policy interest rates, soaring energy prices, and low productivity. However, he believes that from a medium-term macroeconomic perspective, the European market still has underlying support. Given Europe’s large number of export-oriented companies, European stocks will benefit as the global economy remains resilient. (Jinshi)