• Investing Insights & Exclusive Offers → Get Our FREE “Market Brief”
    Sign-up for our free weekly newsletter. Get unparalleled investing insights and exclusive Summer Sale discounts on Hedgeye research.

    Disclaimer: By joining our email marketing list you agree to receive marketing emails from Hedgeye. You may unsubscribe at any time by clicking the unsubscribe link in one of the emails. Use of Hedgeye and any other products available through hedgeye.com are subject to our Terms Of Service and Privacy Policy

Importantly, this morning's nasty slowdown in European Industrial Production growth was the May #, not that which is likely worse here in July.

The Euro Zone reported their largest month over month decline in Industrial Production growth since 1992, and at -0.6% year over year this marks the 1st negative growth report in 3 years.

European inflation continues to accelerate, despite the Euro strengthening, and this equates to more of the same. Global Stagflation is here.

KM