Wave of optimism from outside Europe

The impact that the actions of central banks had at the beginning of September turned out to be both strong and durable. The mood improved for several weeks; however, it should be pointed out that the market was also absorbing the strong data from the world economies, in particular the figures on the state of the US economy, where the leading indicators as well as the hard data (e.g. the unemployment rate, which has been decreasing for two and a half years) showed that there was also some basis for growth in the real economy. Fuelled by this, the S&P 500 broad market index increased to levels unseen on Wall Street since 2007. The data from Asia, China and Japan also provided grounds for optimism. However, there are still black clouds hanging over the eurozone, where economists suggest the crisis is to stay for longer. The calming of the mood brought about by the European Central Bank cannot hide the condition of the economy from investors. Unfortunately, the troubles of the eurozon