$SAP.DE

JP Morgan indicates that European equities are currently reflecting a more pessimistic outlook than during the 2022 energy crisis. The bank suggests that current market sentiment is significantly bearish due to ongoing inflationary pressures and potential economic slowdown. European companies are facing challenges from rising energy costs and a slowing demand. As investors adjust their expectations, there is a likely correction in stock valuations. This shift could lead to increased volatility in the European markets in the near term.