SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Les H who wrote (291291)11/14/2010 6:14:38 PM
From: Les HRead Replies (1) of 306849
 
In the beginning of 2010, when the Euro reached its low point against major currencies, importers looks at the lower pricing on good from the EuroZone (due to the currency weakness) as an opportunity to buy goods at a markdown. This resulted in the Euro Purchasing Managers Index (PMI) seeing a nice increase. Even more astonishing was the boost that Germany experienced in the most recent quarter’s exports, just as austerity measures were beginning to kick-in throughout the Euro region.

Over the past two months, the Euro has appreciated markedly. At the same time, economic reports are showing that a slowdown is rather evident as we enter the fourth and final quarter of 2010. The latest data points indicate that GDP for the region may only reach 0.2 percent on a quarterly basis for the fourth quarter. Combine that with a low level of industrial orders and we are set for some very strong headwinds for the region.

Consider that Ireland is now on the brink of failure and Portugal may not be that much further behind. Already there are murmurs circulating that a bailout of the Irish debt is forthcoming and a restructuring will not be necessary. We shall see….

thedisciplinedinvestor.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News