In the last three months, but above all in September and even more in the last week, the major international investors have sold a flood of European shares.
Captaining the sell-off are the United States, which started even earlier, in March, and then reached peak sales at June, with outgoing transactions for 14,3 billion dollars (a record since the collapse of Lehman Brothers in 2008).
The picture emerges from a study by UBS in which analysts of the Swiss bank highlight an alarming figure: from its peak in September, so far, the European market dropped by 8%.
Among the large sectors, only telecommunications e utility have recorded purchases in recent weeks.