{"id":470,"date":"2010-08-13T12:56:00","date_gmt":"2010-08-13T16:56:00","guid":{"rendered":"http:\/\/www.intuitiveinvestor.com\/web\/?p=470"},"modified":"2018-08-17T15:46:25","modified_gmt":"2018-08-17T19:46:25","slug":"economic-growth-in-europe-surprises-big-time","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2010\/08\/13\/economic-growth-in-europe-surprises-big-time\/","title":{"rendered":"Economic growth in Europe surprises big time"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Second quarter economic statistics for Europe are out today and the numbers are very surprising.\u00a0 The growth, while a modest (by U.S. standards)\u00a01.0%, was the fastest in four years.\u00a0 That 1.0% growth was as compared to the first quarter of 2010.\u00a0 When compared to the second quarter of 2009, growth was 1.9% higher.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Analysis:<\/strong>\u00a0Here is a statement on the fickleness of the financial markets.\u00a0 Back at the beginning of May the thought of a financial crisis in Europe that would precipitate a double-dip European recession and a consequent U.S. double-dip recession.\u00a0 Egads!\u00a0 Those trumped up, fear-based assumptions drove U.S. markets sharply lower and have led to continued fears of a double-dip recession, or a super slow economic recovery, in the U.S.\u00a0 But guess what?\u00a0 The European scenario never played out.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">What we have is a worldwide economy whose fundamentals are stable, yet fragile.\u00a0 Any news, good or bad, has the potential to sway the worldwide financial markets hugely.\u00a0 Unfortunately, there is a bias toward bad news having a greater impact at this point.\u00a0 Proof of that belief is that there are two very positive pieces of economic news this morning (see the post below), yet the financial markets are break even as of this posting.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Importance grade:<\/strong> 8; 2; Why the differences in rating?\u00a0 In my opinion, the positive economic news out of Europe deserves an 8.\u00a0 But in actuality this data is being ignored by investors.\u00a0 Ugh!<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Second quarter economic statistics for Europe are out today and the numbers are very surprising.\u00a0 The growth, while a modest (by U.S. standards)\u00a01.0%, was the fastest in four years.\u00a0 That 1.0% growth was as compared to the first quarter of 2010.\u00a0 When compared to the second quarter of 2009, growth was 1.9% higher. Analysis:\u00a0Here is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-470","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=470"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/470\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}