UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'Is sentiment saying anything'
23 Apr 2024
Another blast of business sentiment opinion polls will be trying to get attention today. European business sentiment has tended to underreport economic reality. The gut instincts of respondents do not necessarily match an objective assessment of the facts. The challenge is that any gains in sentiment might reflect improving reality, but might also reflect sentiment catching up with reality without the real world outlook shifting.
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