Exposing Ideas to the Envelope of Serendipity

Contact moo at: bluechipbulldog@gmail.com

Tuesday, April 21, 2009

  German investor confidence hit a two-year high last month.

The Zew Centre for European Economic Research in Mannheim reports today that its gauge of investor sentiment perked up to a score of 13 in April, from negative 3.5. That’s the first positive score since July 2007 and the highest since June 2007.

We have to wonder: Are German investors seeing value where others fear to tread… or just hopped on Pilsener and schnitzel and thus easily beguiled by the sucker’s rally?

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