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Western European Insights: Contraction Deepening
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- A deeper but not yet precipitous contraction is being signaled by the latest survey data, with signs of buckling within Germany.
- Pressure increases on the ECB to ease credit, lower a cut in rates likely and perhaps even more unconventional measures. A lower cut in policy rates may do little good, increasing speculation of an unconventional move.
Eurozone_pmi_deeper_contraction_052512[/private]
Research Studies
DE | Sinai Economic and Market Perspectives | Seeds of A Sovereign Debt Crisis Planted – 02/03/21
[private] [/private] Seeds of A Sovereign Debt Crisis Planted Allen Sinai* The U.S. and Global economies have undergone a fiscal/debt revolution of huge import from which there will be no turning away! The main catalysts read more
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