Spreadex Market Update
European markets opened prudently
Despite this, once again, economists are playing the card which implies that poor data is not always a bad thing for the markets. Many economists are pointing out that a short period of bad data may just encourage policy officials to maintain or even enhance current stimulus measures. However, investors need to remain on guard to such an argument, as accepting poor data because it can lead to more stimulus measures does not solve the problem in the long-term.
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