Despite bad headlines, many analysts, including Societe Generale, recommend buying European equities.
Over the next 12 months, U.S. stocks will lose the major support they get from buybacks.
A toxic combination of fickle trends and macro angst is making factors behave in similar ways.
JPMorgan strategists predict the curve might stop flattening and end up steepening into the second half of the year.
A bull market in bonds gave hedge funds their best quarter in months - but they're only up 1.9 percent.
Analysts and managers look at historic lows in Europe as a "generational" opportunity.
Too much negativity was priced into the market by investors late last year, he said.
Equity and debt investors are placing opposing bets on the business cycle.
Junk bond traders aren't buying economists increasing concerns about an impending recession.
Many investors in a recent Bank of America Merrill Lynch survey are unmoved by the recent rally in U.S. stocks.
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