Perhaps Everyone in Europe, Besides the Germans, is A Whiner

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Harrison Roger
Published on
Updated on

The past week was packed.  Mainly, the market focused its attention on Chinese economic conditions, most notably whether growth (whether real or fake) can continue at the projected 7% for the remainder of 2015. [buffett] Next in importance behind China was the American labor market.  Month-over-month job growth came in at +173, well below the 217K the market expected, but still in moderate growth territory.  Year-over-year job growth decelerated to 2.09%, a six month low. Europe What seems to have been forgotten, although perhaps just as important, is the state of business in Europe. Last week we saw Manufacturing PMIs…

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Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.

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