Gavekal Capital: Europe: Consumer Confidence

Thursday, November 21, 2013

Europe: Consumer Confidence

The European Commission released its flash estimate of consumer confidence for the month of November this morning:

The fall to -15.4 for the Euro Area contrasts with an expected improvement to -14.0 and follows less than stellar data releases for retail sales and prices earlier this month:

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
We offer the Gavekal Knowledge Leaders Strategy in multiple products for global investors. For more information about our product offerings please visit http://www.gavekalcapital.com.
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