Euro Area: We’ll Receive Bad News on GDP

europe

When you’ll see that “minus” sign in GDP official estimates by Eurostat, do not be surprised: the Eurocoin index had warned us before Summer began

http://www.coe.int/documents/7354522/8551049/Plan+d%27action/91ee6860-c6c1-4d14-9767-bb28a505f668?t=1412860378000

Mr. Eurocoin always knows better:

Expect bad data from EU for at least another 2 quarter-period, Eurocoin is not a wizard, it’s just math, and math is statistically more reliable than Eurocrats at Brussels.

 

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