Economic Signals from Eurozone

euroleonardo

At the same time as global investors stay away from European financial markets, worried about the statements of a group of populist leaders without a clue on how to manage a country, only interested in getting a free lunch in their respective parliaments, more and more signals are confirming the possibility of an unexpected, strong surprise.

The link below goes to the last Eurostat update of the area economy:  the sector with the strongest economic multiplier is showing a performance we are used to associate more easily with some far eastern economy. Global investments portfolios seem to be light on European exposure.

As somebody says in Italy: “per chi ha orecchie da intendere intenda, gli altri in roulotte!” (by M.Z., Pordenone, 1981)

http://ec.europa.eu/eurostat/documents/2995521/7992111/4-20042017-AP-EN.pdf/1cdc48c8-7bc5-4416-8906-6860b0f420f4

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