LONDON/MILAN—Uncertainty about the COVID-19 pandemic has not dented prospects for European stocks to hit record highs in 2022, boosted by a recovery in corporate profits, according to a Reuters poll of 23 fund managers, strategists, and brokers.
The poll, conducted over the past two weeks, predicted Germany’s DAX and France’s CAC 40 blue chip indexes would hit uncharted highs by mid-2022, rising about 8 percent and 6 percent from Monday’s close respectively.
