The major European economies have tied up too much money in welfare spending and social policies making them unable to benefit from the renewed interest in European fiscal stimulus or more accurately unable to provide fiscal stimulus.
However a few of Europes economies are in a healthy fiscal situation. Germany, Sweden, Norway, Iceland, Denmark, Netherlands, Switzerland and Poland are all at a debt to GDP ratio of below 70%. Ireland is as well however the GDP figures in the country is a bit irregular.
Could we see a long short opportunity here with low debt to gdp countries outperforming as a result of more room for fiscal stimulus?
However a few of Europes economies are in a healthy fiscal situation. Germany, Sweden, Norway, Iceland, Denmark, Netherlands, Switzerland and Poland are all at a debt to GDP ratio of below 70%. Ireland is as well however the GDP figures in the country is a bit irregular.
Could we see a long short opportunity here with low debt to gdp countries outperforming as a result of more room for fiscal stimulus?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.