WHILE EUROPE INDUSTRIAL PRODUCTION IS SLIPPING DEEPER INTO RECESSION AT PRESENT, LEADING INDICATORS SUGGEST THAT YOU SHOULD BE PREPARING FOR THE ONSET OF A RECOVERY TREND AROUND MID-2020.
Uncertainty lingers, evidenced by ongoing decline in the Europe Business Confidence Index, as the Brexit deadline is again delayed. Brexit negotiations, as well as ongoing trade negotiations on the global front, suggest general decline in the Europe Export Volume Index will likely persist during at least the near term. However, it is important not to let the pessimism of the moment influence your plans for the second half of 2020 and for 2021.
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