Investopedia: Rebound In Eurozone Industrial Production Doesn't Seem To Matter
One of the signs of a bear
market is when there is little or no reaction to what would ordinarily
be good news. Although Eurozone industrial production rose a
better-than-expected 0.6% in May, European stock markets continue to sell-off on
Thursday in the ongoing global equity sell-off. While good news is good
news, this may be an example where investors would do well to listen to
the companies and ignore the government officials and analysts.