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1.Market Observations, 8.Was Sticky

14 June 2017 (AFR) – Too late to invest in Europe’s recovery? – Bargain hunting harder as Europe moves to recovery mode

(14 June 2017, AFR, p28, by Steve Johnson)

‘…Evidence for a widespread economic recovery in Europe is becoming irrefutable. The first place to look is in the skies. Forager monitors more than 20 major European airports. The 13 airports that report in a timely fashion suggest the continent is booming. Passenger numbers over the first four months of the year are up almost…’ <snipped…>

‘Another place to look is on the roads — an 8.2 per cent increase in new car registrations across…’ <snipped…>

‘Recovery is also evident in building….’ <snpiped…>

‘LafargeHolcim Ltd, the world’s largest producer of cement and aggregates, reported a 6 per cent like-for-like increase in…’ <snipped…>

‘Both house prices and new housing development…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

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