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Realistbear

E U Growth Collapses By More Than 50%

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Pan "Pancheta" Pylas, AP Business Writer, On Friday November 12, 2010, 6:39 am EST
LONDON (
AP
) -- Economic growth in the 16 countries that use the euro
fell by more than half
in the third quarter of the year, official figures showed Friday, as the pace of recovery in Germany, Europe's biggest economy, slowed and the Netherlands saw output
unexpectedly drop
.

No way we will have a BLACK FRIDAY after this good, er bad, or is it good---news?

Edited by Realistbear

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The slowing growth was also signalled by industrial production in September which defied market expectations of a small monthly rise and fell 0.9 percent, cutting the annual increase to 5.2 percent against expectations for 7.1 percent.

Uuuuh, I mean EH-verything is just THO unexpected these days. :D

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Can anyone trust the market anymore, with all the QE, we do not know the value of anything, it's going to end in tears.

When this news broke FOREX saw an instant uptick in the Euro. Bad news diriving most things at present.

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  • 238 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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