European stocks have underperformed the U.S. for so long they simply must catch up — that’s been said before, only to end in frustration. But the right conditions may soon fall into place, according to Europe’s largest asset manager.

Large public pension plans that were more heavily weighted toward U.S. equities than international stocks found themselves seeing double-digit returns well above their benchmarks in the fiscal year ended June 30.

Kohl’s Co. (NYSE:KSS) – Jefferies Financial Group decreased their Q1 2020 earnings estimates for shares of Kohl’s in a report issued on Tuesday, August 21st, according to Zacks Investment Research. Jefferies Financial Group analyst R. Konik now expects that the company will post earnings per share of $0.83 for the quarter, down from their previous estimate of $0.88. Jefferies Financial Group also issued estimates for Kohl’s’ Q3 2020 earnings at $1.32 EPS and Q4 2020 earnings at $2.86 EPS.

Netflix, Inc. (NASDAQ:NFLX) – Imperial Capital reduced their FY2018 earnings per share estimates for Netflix in a research note issued on Thursday, August 23rd, Zacks Investment Research reports. Imperial Capital analyst D. Miller now expects that the Internet television network will post earnings of $2.68 per share for the year, down from their prior forecast of $2.71. Imperial Capital currently has a “Outperform” rating and a $494.00 price target on the stock. Imperial Capital also issued estimates for Netflix’s Q4 2018 earnings at $0.48 EPS, Q4 2019 earnings at $1.13 EPS and FY2019 earnings at $4.60 EPS.

Moneyball is a reference to Michael Lewis’s book chronicling how the Oakland Athletics used quantitative analysis to find underrated players

Deutsche Bank’s global head of equities is seeking inspiration from a legendary baseball team as he looks to overturn a three-year rout of the business with a shrinking budget.

The divergence between the two regions reflects the difference in macro data strength between the two

Risk assets were mixed over the month of August with global and US equities rising while emerging markets, Japanese and European equities and global high yield were all down.

The threat from heightened tensions between the U.S. and China could drag down stocks more than many are anticipating, according to one hedge fund vet.

In an interview with CNBC’s “Halftime Report” on Thursday, Appaloosa Management co-founder David Tepper warned that equities are at risk of falling 5% to 20% if the trade war with the Asian economic powerhouse worsens.

Macroeconomic data announced during the week as well the news of the Prime Minister’s impending meeting on Saturday have been positive for the markets.

MUMBAI: Equity markets on Friday continued the momentum from the last trading session on Wednesday, to close higher. BSE Sensex closed the day by almost a percentage higher at 38,090.64 and the Nifty surged 1.28 per cent to 11,515.20. However, BSE Sensex closed 0.8 per cent down for the week and Nifty by 0.6 per cent as currency fears and oil price worries dragged the equities down. Macroeconomic data announced during the week as well the news of the Prime Minister’s impending meeting on Saturday have been positive for the markets.

London — Shares rose around the world on Friday as expectations grew that the US and China will open new trade talks, while an interest rate hike in Turkey supported the lira and global risk appetite.

The MSCI All-Country World index, which tracks shares in 47 countries, was up 0.5% on the day after the start of trade in Europe.

Last week was another important week on Wall Street. The market rallied nicely after the bulls showed up and defended important support (50 DMA line). Remember, after a big rally, it is perfectly normal and healthy to see the market pause and digest that move. Right now, that is exactly what is happening. The market is back in “rally mode” as the major indices are climbing once again. Barring some unforeseen selloff, the major indices are likely to hit new highs in the near future.