Eurodollar University cover image

Global recession has reached a new phase.

Eurodollar University

00:00

The European Commission's Economic Sentiment Indicators for Consumers

The European Commission put out its monthly report on its economic sentiment indicators for various industries, including consumers. Despite consumer confidence rising in this series, they also ask consumers what they think consumer prices are going to do over the 12 months ahead. That index fell to 6.1, plus 6.1 in June, was down 6 points from May and is an incredibly low number for this index. It's consistent with the early months of 2009, the very thick and worst part of the quote unquote, great recession.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app