Europe Finally Gets a Slam Dunk? MJ on Deregulation and Growth Across the Pond

Regulation? I'm Regulating MYSELF to Stay Calm!

Alright alright settle down. I hear Europe's been feeling a little… sluggish. Like trying to play a full game on an empty stomach. Newsflash: you can't soar like Mike when you're weighed down. They're talking about 'simplification' of regulations to boost business. Seems like they finally realized you can't win championships with one hand tied behind your back. Rachel Reeves from the U.K. says they've been too busy regulating risk forgetting about the growth. I feel her. It's like focusing so much on defense you forget to score. What's the point of a perfect block if you ain't putting points on the board?

Germany Joins the Party: No More Double Teaming Businesses!

Now Germany's chiming in saying they need to cut the 'duplicative and multiplicative' regulations. Sounds like they've been double teaming their own businesses! Gotta let these guys breathe give 'em room to operate let 'em drive to the basket. Jorg Kukies wants to encourage venture capital investment. Smart move. You need fresh blood new talent guys willing to take the shot. You can't win with the same old roster every year. It's about time they realized this game is about more than just sitting back and watching the clock run out.

Sentiment Shift: Europe's Got a New Pair of Jordans?

There's a 'sentiment shift' happening. Translation: they're finally realizing they need to step up their game. They've been trailing the U.S. for too long like trying to catch me in my prime. Ursula Von der Leyen and Mario Draghi are worried about competitiveness and productivity. Welcome to the party fellas. You gotta want it. You gotta crave it. You gotta be willing to put in the work when nobody is watching. The European Commission is planning to 'cut red tape' and 'simplify EU rules.' They're aiming to reduce administrative burdens which is like giving every player on the court a lighter jersey. Maybe now they can actually run!

UK's Deregulation Drive: About Time!

Reeves in the U.K. is going after those environmental regulations that are holding up infrastructure projects. Good. You can't build a championship team on a shaky foundation. Kukies has a history in the private sector so he knows what he's talking about. Isabelle Mateos y Lago calls him a 'strong proponent of deregulation'. Sounds like he's ready to take charge be the leader make the tough calls. You gotta be willing to bet on yourself. It's not about the money; it's about the principle of the thing.

Moment of Opportunity? Don't Choke!

Mateos y Lago says there's a 'moment of opportunity' for Europe. It's about damn time! But opportunity doesn't mean anything if you can't capitalize. You gotta seize the moment take the shot and don't be afraid to miss. 'There is really reason to be optimistic because there's this consensus at the policy level.' That's great but consensus doesn't win games. Execution does. They need to put their money where their mouth is and start delivering. I don't want to hear any more excuses.

Can Europe Outperform? Don't Bet Your Mortgage Just Yet.

So the European markets are up a bit this year while the S&P 500 is down. Good for them. But let's not get carried away. They've still got a long way to go. Since the 2008 financial crisis the S&P 500 has crushed the European indexes. You can't just show up for one game and expect to be crowned champion. You gotta dominate year after year. So Europe prove me wrong. Show me you've got what it takes. But until then I'll be over here counting my rings.