In this article, Mr. Grannis shows that the U.S. economy has performed so much better than the EuroZone economy, which is reflected in the Euro/Dollar exchange rate differential.
In this article, we look at key aspects of the U.S. and EuroZone economies, illustrated in four charts, being on swap spreads, industrial production, equity prices, and exchange rates.
By now everyone knows that the EuroZone has its problems, especially with the U.K.’s bumbling attempt to exit the EuroZone trade agreement, France’s violent protests, Germany’s struggle to assimilate millions of muslim immigrants, and Italy’s refusal to address its fiscal deficit. But if you think things are bad in the USA, you have been reading too much fake news.
You can read the entire article by clicking: … HERE
