More bullish macro data points in Europe

Today’s commentary
Despite my unease about the secular headwinds of debt, bank balance sheets and wage stagnation, I must admit that many of the recent macro data points globally are pointing to growth. This is true in the US, in Europe, in Japan and in China. Below are a few highlights in Europe specifically.

As European equities hit six-year highs, eurozone industrial production is rebounding sharply. Yesterday, Eurostat released the data showing industrial output in the eurozone block jum...

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