Posts on ‘February 18th, 2009’

Want some good news for a change? – Here you go.

Good morning!
At the end of January, I wrote about how some lead indicators were suggesting that economic recovery in Europe might be “just” a few months away. In particular, I focused on

the EuroZone’s purchasing manager index – a key lead indicator of manufacturing output, which in January showed its first increase since August 2008. Recovery [...]