The Miserable Youth Of Northern Europe

The Miserable Youth Of Northern Europe

The Miserable Youth Of Northern Europe by Jennifer Thomson, Gavekal Capital Blog

Yesterday’s release of better headline unemployment in Europe marked the first time since 2012 that the rate has been below 11%:

The resulting downtick in the region’s misery index (unemployment rate + inflation rate), while a step in the right direction, still leaves most Europeans significantly more miserable than the average citizen in North America or Asia Pacific:

Greenlight Capital Full Q2 2021 Letter: Einhorn Thinks Inflation Is Here To Stay

EinhornDavid Einhorn's Greenlight Capital returned -2.9% in the second quarter of 2021 compared to 8.5% for the S&P 500. According to a copy of the fund's letter, which ValueWalk has reviewed, longs contributed 5.2% in the quarter while short positions detracted 4.6%. Q2 2021 hedge fund letters, conferences and more Macro positions detracted 3.3% from Read More


Perhaps the worst suffering are, surprisingly, the youth of Finland, Norway, Austria, and Sweden where unemployment rates have actually increased versus a year ago:


No posts to display