German Industrial Production became bullish on the Euro
What is the German Industrial Production factor?
Industrial production refers to the output of industrial establishments and covers sectors such as mining, manufacturing and public utilities (electricity, gas and water). Read more here.
What does this change mean?
This change means our AI platform is telling us that the German Industrial Production factor is now supporting a more bullish outlook on the Euro. As such, any asset classes in our portfolios that contain euro will potentially go overweight (i.e. increase portfolio’s %) over the coming months.
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DISCLAIMER: The Responsive.AI Update does not constitute investment advice and is for information purposes only. Responsive Capital Management bares no liability for the usage of this data and the data is provided as is.
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