Up until now it's been a psychological battle, but that doesn't preclude them reaching an out-of-court settlement. |
We're positive on the year ahead, |
Why would smaller companies outperform? ... it's difficult to see what the trigger for that could be. |
[The record valuation is also a reflection of the growing distance between ratings for large and small cap stocks.] A pan-European blue-chip grouping is developing, ... with the larger companies becoming detached from their local market. |