Unimaginable #3 Update: Europe Outpaces USA Growth -“New Global Contract” (Christine Lagarde, Head of IMF at Davos)

Unimaginable #3. European growth outpaces the USA turning negative interest rates positive, narrowing the differential keeping the EURO strong with little volatility. European company earnings are thoroughly underestimated due to the misconception that Europe is stuck in an old economy, but in reality companies (often unlisted) have embedded technology and services that keep them competitive and […]