- but confidence is worsening in Europe
- geo political risks growing too
For economic development the most important thing is confidence
Today’s weaker Sept retail sales data from Germany ( -3.2% vs -0.9% exp) suggest otherwise on the consumption front and that they too have serious issues in this area
The Canadian cavalry has arrived and I’m outta here.. Have a great week-end and thanks again for all your support, patience and input this week
Much appreciated by all of us, and I hope we’ve helped make/save you a few pips along the way
And hey,