Surveillance: Stock Volatility with Calvasina
Bloomberg Surveillance
00:00
The European Energy Markets Are Getting Worse
Pat Cashmore: Europe hasn'tperformed as much as i think it should. He says credit markets are doing a better job at pricing the risks of seeing credit spreads widen. But european equities, they essentially say it's going to be a mild slow down towards average growth in europe where. Every single day we're seeing violet hills in term of the energy price spike. It's getting worse. The situation is a complete rethink of the economic model in the uro zone and it is a struggle.
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