There are bargains in Europe equity market

Five charts to start your day

European stocks are trading at a massive discount – about 65 percent – compared with their American rivals. That gap has investors asking if the region offers hidden value. After all, some big European names make plenty of sales in the US, so you’re getting part of America’s growth at a cheaper price. Yet when you look closer, the real bargains can be slippery. Luxury powerhouses like LVMH and Hermes come with price tags bigger than some of the biggest US tech names.