Europe Inc. eyes end to corporate recession in fourth-quarter

LONDON (Reuters) - Europe Inc. is likely to have turned the page on nine months of falling profits during the final quarter of 2019, but sky-high share price valuations and lofty earnings expectations for 2020 set a low bar for disappointment.European equities rallied 24% last year as serial political storms, Brexit and the U.S.-China trade spat smothered economic activity but kept monetary policy super easy and borrowing rates at record lows. But the scale of the price gains leaves investors..