Day by Day

Tuesday, July 27, 2010

Europe's prospects brighten as U.S. fades

Thanks to Obama.

(Reuters) - What's odd about this scenario?

German business confidence is soaring while U.S. consumer sentiment sinks.

Britain's second-quarter economic growth was almost twice as fast as expected, the strongest in four years.

Meanwhile, economists have steadily marked down forecasts for Friday's U.S. gross domestic product report.

What happened to Europe being the weak link in the global economic recovery?
 
Brain Bliss