The gain in French business confidence is a positive sign because of the political unrest and the setback for the government on labor market reform. It's a very strong reading and sets the theme for the rest of the confidence data this week.
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Once a generation, Canadians get exceedingly cross with Liberals' egregiously high sense of entitlement and kick them out of office for their own rehabilitation.Ian Stewart
Loose monetary policy is working its way through the economy and what started as an export recovery is broadening out into domestic demand. There have been false dawns before but this does look encouraging.
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I hit off him since I was a little kid so (facing left-handers) seems normal.
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Labor costs are moderating, productivity is rising and pricing indicators are all very subdued.
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The good news for 2003 is that a period in which euro zone inflation has shocked to the upside is probably drawing to an end, ... This, in turn, should allow the ECB to be more aggressive in cutting rates.
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