Jefferies’ 2020 Calls on Europe

Jefferies’ 2020 Calls on Europe

Assessment

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Business

University

Hard

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David Owens, a chief strategist, argues that the euro area is not following Japan's economic path. He highlights two positive factors: European companies' business investments and a strong labor market with wage growth, suggesting a brighter 2020 outlook. However, the UK's general election could influence the medium-term outlook.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does David Owens suggest about the euro area's economic outlook for 2020?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

According to Owens, how do companies in Europe differ from those in Japan?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two factors Owens points to that support GDP growth in the euro area?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact does wage growth have on disposable income in the euro area according to Owens?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the 'fly in the ointment' that Owens mentions regarding the UK?

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