Earnings momentum now favors Europe. Given the continued divergence in unit labor cost behavior between the two regions, coupled with the recent weakness of European currencies vis-a-vis the U.S. dollar, momentum should continue to favor Europe.
- Ian ScottWe are determined to see to it that this rare and unfortunate divergence stimulates enhanced and not reduced professional cooperation.
- Alyssa NelsonI don`t believe we`re seeing the beginning of a divergence. We have seen a partial divergence on this case.
- Alyssa NelsonFrance once again continues to buck the trend although there is increasing divergence.
- Anthony Caserta