Loading...
Most Recent Posts
Three Things I Think I Think – When Things Break
Is It Time to Panic?
Three Things I Think I Think – 3MM, Student Loans & Passive Investing
Three Things I Think I Think – 3 Minute Money, Inflation & Elon Buys Twitter
Introducing Three Minute Money
Most Recent Stories

Euro-Coin Index: Still Recession in Europe

Cullen Roche -

The October reading from the Euro-Coin index, a private expansion/contraction model developed by CEPR, is still pointing towards contraction across Europe.  The latest reading of -0.29 is slightly improved from the September reading of -0.32, but still contracting.  The recent readings are the worst since 2009 and consistent with the view that Europe remains mired in a deep economic hole.  CEPR has a bit more:

€-coin continues to stagnate in October at a negative level

  •  In October €-coin was at -0.29 % (-0.32% in September).

  •   The deeper pessimism recorded by the surveys largely offset the positive contribution arising from recent developments in manufacturing.

About Post Author

Cullen Roche

Cullen Roche

Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds. Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances. He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.

See author's posts

Tweet
Share
Share