Expectations Component Continues to Disappoint
May 05, 2014
By Uncategorized in
As we have noted on a number of occasions in the last few months (here, here, and here), a number of often cited surveys pertaining to the Eurozone are exhibiting weak expectations–and today’s release of the Sentix survey is no different. Current situation figures show few signs of slowing:
![image](http://blog.gavekalcapital.com/wp-content/uploads/2014/05/c558240c918c4f58a9dcf468d2e8ee79.png)
Forward-looking components, however, have declined since reaching highs in February:
![image](http://blog.gavekalcapital.com/wp-content/uploads/2014/05/37a4881a82b246ac9d63f6c1a9a89a6d.png)
As a result, the overall survey missed expectations and fell slightly:
![image](http://blog.gavekalcapital.com/wp-content/uploads/2014/05/48791400c4964d57866fa8a6c2d1f6af.png)