Investor Confidence in Eurozone Plummets to Four-Year Low

Investor confidence has plummeted to a four-year low in the Eurozone, with a sixth consecutive monthly fall in the Sentix index taking it to its lowest level since November 2014. Sentix said Eurozone growth was “weaking dangerously quickly and strongly.” Meanwhile Germany’s investor morale dropped to its lowest level since August 2012 in a separate index as it teeters on the brink of recession

Naturally Brexit is being blamed, despite the UK currently having higher investor confidence and the fastest growing European economy in the G7. It’s one thing for underperforming companies to use Brexit as an excuse for their poor results. It’s quite another for underperforming EU countries to use it as an excuse for why they’re doing worse than the UK…


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Quote of the Day

Emmanuel Macron comes over all euro-sceptic…

“We ended the day on what we can call a failure. It’s a very bad image we are giving of the Council and Europe, no one can be satisfied with what happened over so many hours. Our credibility is profoundly tainted with these meetings that are too long and lead to nothing, we give an image of Europe that isn’t serious. We cannot hold talks with world leaders, in an ever more violent world, and be a club that meets at 28 without ever deciding anything.”

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