The economic data from France is so bad that one analyst simply wrote “?!” on the chart
|01/28/2019||Posted by BusinessMediaguide.Com under General World News||
- The collapse of an index measuring sentiment among French services companies was an extreme version of a number of negative-looking charts coming out of Europe this week.
- Junk bonds have gone through the roof — meaning that the credit quality of European companies is getting worse.
- There is an industrial recession in Germany.
- The continent will probably avoid a full-blown recession … but it is looking fragile. Here’s a summary of recent data.
Economic data from France last week was so bad that one analyst simply wrote “?!” on a chart measuring confidence in the service sector. The survey in question was the INSEE read more >>>