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home / news releases / SPEU - Beware Europe's 'Reflation Trade'


SPEU - Beware Europe's 'Reflation Trade'

A Weak Eurozone Economy

The European Commission's recently updated eurozone growth forecasts point to weak growth - especially in big manufacturing countries such as Germany and Italy - for 2020 and 2021.

As a whole, the eurozone is projected to grow only 1.1% in 2019 and 1.2% in 2020 - hardly enough to continue reducing unemployment, and definitely not enough to create inflation and, with it, push long-term interest rates up.

Broadly speaking, there are two ways to get out of the current slump - according to the European Commission: either a decisive turnaround in

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Stock Information

Company Name: SPDR® Portfolio Europe ETF
Stock Symbol: SPEU
Market: NYSE

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