The EUs "Slowdown" is Overdone; Canada's Growth Is Very Real

            After years of disappointing economic results, the EU economy finally started to meaningfully grow at the end of 2016.  The pace increased through 2017, leading many analysts to argue the worst was finally over.  Recently, somewhat weaker economic releases have given some commentators pause regarding the strength of the EU economy.  This newly expressed bearishness is overdone; the modestly lower numbers are likely nothing more than a natural decline from high levels.