‘Merz spurt’ will see Europe CEOs rethink US pivot
Not so long ago, European corporate bosses were worried about missing out on the “Trump bump”. U.S. President Donald Trump’s November victory briefly supercharged the long-running outperformance of the world’s largest economy and stock market, especially compared with sluggish Europe. Barely four months later, CEOs from London to Berlin may be thinking the opposite. Germany’s election winner Friedrich Merz seems intent on dropping the country’s fiscal handbrake, sending growth hopes and stock markets upwards. Call it the “Merz spurt”.
