Europe: Don't call it a comeback

I have four things on my mind today: Bullish PMIs in Europe, the electric Ford F-150 launch, non-payment on bond by Unicredit, and the Biden Administration's non-embrace of MMT. Let's take each of these in turn

European economic data

Look at the data prints from overnight in Europe. They are really good.

Source: Investing.com

The only real miss was German m…