More GOOD news
From forexfactory,some BETTER THAN EXPECTED figures from Europe last night:-
French Industrial Production m/m actual 0.5% expected- .7%
Italian Industrial Production m/m actual 4.3% expected 0.2%
Sentix Investor Confidence actual-18.5 expected-19.2
I don't know,but I really think all this volatility of late is due to a lack of confidence.As I have been reporting over the last few weeks,there have been too many GOOD news stories behind the HEADLINE GRABBING NEGATIVE STORIES to come to a conclusion that the economy is as bad as it's made out to be,and that it's all gonna come tumbling down.......even the leading economists for the US home builders,where ALL this started,has come out and said employment in the building and construction businesses is picking up pace......GOOD DAYS AHEAD!
Watch Here:
http://www.nahb.org/showpage_details.aspx?sectionID=2223&showPageID=7601
paddington's bear, donkey and rabbit - tuesday, page-19
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