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Reality Check Looms For Rosy European Growth Expectations

Posted on AllSides May 24th, 2024
From The Right

Reality Check Looms For Rosy European Growth Expectations By Michael Msika, Bloomberg Markets Live reporter and analyst After a massive wave of optimism on European markets, the expected economic improvement that has buoyed stocks now has to be delivered. The uptrend is still intact for the Stoxx 600 but signs of overheating have cooled markets, especially after investors priced in a lot more optimism than the economic data actually showed. European preliminary PMIs, due later in the day, might give more clues about the growth outlook, given the still uncertain...

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https://zerohedge.com/markets/reality-check-looms-rosy-growth-expectations

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