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Chinese that is also weighing on European markets -- got London down almost eighty points Paris is down about forty in Frankfurt's down.
Almost 85 now a closer look though at those European markets of my -- market analyst at BDC partners in London Mike.
We've -- some shaky economic numbers from Europe recently not China's numbers are coming in -- how concerned should investors be about the.
I think very concerned Diana means global growth for the lack -- is an ongoing thing this hasn't been that.
Normal recovery pretty much any -- who will certainly not in the US and in the UK it was still waiting for growth from the economy's pretty much flat -- last year here.
So yeah I mean this is a definitely a warning shot across the -- you know that the that the numbers you mentioned earlier on China or if you look at it quarter recorder.
That went from nine point 4% growth to six point 4% growth in the first quarter of this year it's actually dislike I was quite dramatic.
Yeah and this is this what ultimately could kill off the rally that was sitting in risk assets but that's -- something like nine months old.
And my -- reports out of Germany that wealthy households there could face -- new taxes on property and other assets.
Going Florida in order to go with that money toward future bailouts how do you expect that to be received.
Well I had I don't think anybody ever welcomes taxes that plan -- Yeah I mean it's the same old story -- and it's I mean -- new.
Agenda for growth over that is -- -- agenda for job creation.
There's only -- measures whether it's a transaction tax or taking deposits is money.
Out of out of Cyprus or you know some sort of property tax sort of fill gap and I think other than not getting -- -- to highlight there's -- periphery.
That's a very worrying sign and -- until growth comes along.
But we could receive -- -- That's like Ingram over BGC -- we appreciate it -- thanks.
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