Friday, May 20, 2005

Some EU Results

From MarketWatch this morning: "French GDP rose 0.2% in the first quarter, slower than the 0.5% expected by economists. The data took a shine off share trading on Continental Europe. Fourth-quarter 2004 GDP was revised lower to 0.7% from 0.9%. Italy recently slipped into recession, while Germany posted a surprise 1% rise in first-quarter GDP."

If only more Americans understood world-wide economic performance and how well off we in the US are both politics and investment results would be more satisfactory.

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