Gavekal Capital: Lowered Expectations (Again)

Monday, April 7, 2014

Lowered Expectations (Again)

Once again, the expectations component of a survey-- in this case, the Sentix Economic Index-- have deviated from the story that the headline or current situation numbers would relay.  Following in the footsteps of struggling expectations in the ZEW and Ifo surveys, today's data reveal a continued drop in optimism among European investors:

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