Whoop-te-do. Eurozone growth has been revised upward to 1.5 percent for the past twelve months. That's barely a pulse. It is a sign of the times, that pitiful growth rates like this are cheered as if the outcome of a successful economy.
The disconnect between booming stock prices and a stagnant world economy is playing out in grand relief. Don't expect much from the stock market until free markets develop a few fans in the political arena. An elaborate safety net and extensive regulations, penalize entreneurship, innovation, and workplace motivation. The outcome: 1.5% is as good as it gets.