Report
Are companies and households short-sighted or is the euro zone’s situation not that bad?
Many cyclical indicators concerning the euro zone are negative. Yet: Companies are increasing their investment and employment; Household confidence is rising. Either companies and households are short-sighted , or they are aware of the mechanisms (economic policies, high corporate profitability, rise in real wages and real incomes, etc.) that are boosting activity in the euro zone. In the past, a deterioration in cyclical indicators (PMIs) always pointed to a loss of growth and rising unemployment; has the way to respond to these business outlook surveys become different now adays ?
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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