The Euro zone is going into recession. The forward-looking orders minus inventories (blue) component in the manufacturing PMIs for key European countries is tumbling and – since data only go to June – this is before any serious disruption in gas supply from Russia even shows… pic.twitter.com/BZVAoYiIJs
— Robin Brooks (@robin_j_brooks) July 11, 2022
Germany yield curve
An upward break would mean the beginning of the debt crisis.. the ECB has to act now pic.twitter.com/8RIHjkhwqy
— Alessio (@AlessioTMAD) July 12, 2022
Europe seems determined to crush their own economies.
— David Morgan (@silverguru22) July 13, 2022
Got a news tip or correction? Let us know
If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.
2 views