European equities: Take advantage of market declines to buy

The European equity market falls drastically when there is bad news (about growth, corporate earnings and the COVID pandemic). Investors should buy when these declines occur, because: There will be a medical solution to the pandemic; There will be no euro-zone crisis dragging down the euro-zone economy as after the subprime crisis, thanks to new policies from governments and the ECB; Real long-term interest rates will become negative for a long time; Companies will rapidly regain their profitability, using the same method as after the subprime crisis, i.e. the skewing of income distribution against employees. All this will eventually be positive for European equities.