"Europe appears to be weathering its sovereign debt crisis...

"Europe appears to be weathering its sovereign debt crisis remarkably well, with business-conditions indicators actually rising in July on the back of strength in Germany and France, industrial orders surging higher in May no doubt helped by the fall in the euro and consumer confidence actually improving in July. UK retail sales also came in stronger than expected in June."

excerpt Shane Oliver (weekend economist)
-----------------------------------------------------------augurs well for VPG in the next few months....the SP should now continue with its upward trajectory.