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.


The only real miss was German m…

This post is for paying subscribers