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Yeah, Europe is not as economically strong as the US. We still have sky high prices, stagnating wages, and a war on our doorstep. I read a lot of news of economic slowdown in German exports due to several factors.

Anecdotally, got laid off in early spring, still trying to land a decent job, but despite the so called labor shortage all I get is shit offers for 2018 money. While I'm sure this benefits some, the fact that the stock market is now up, is little comfort to me.

The stock market is forward looking and bottoms before the wider economy

The original post was about the US stock market, but I guess should have still clarified that I was talking about a US recession. I don't follow the Europe economy as closely