Europe: Will Second Wave Derail Recovery?

12 October 2020After Europe's devastasting Coronavirus outbreak in early 2020, painful measures succeeded in suppressing the spread of Covid-19 during the summer. As health experts warned, however, social lockdown is only akin to hitting the pause button; buying time to allow more sustainable mitigation to be put in place. Unfortunately, as lockdown measures were eased [...]

Eurpean PMI Confirms Economies Pick Up Steam

The March PMI release confirms that the European economy has accelerated since last summer.  Stronger growth, low inflatio, and continued monetary accomodation supports the case that European equities will outperform the USA. http://www.tradingeconomics.com/euro-area/manufacturing-pmi