Why the PSI Hit a 16-Year High the Same Week INE Said Q1 GDP Was Zero — Reading the Equity-Macro Disconnect Between Lisbon's Bolsa and Portugal's Real Economy
INE's flash estimate stopped Q1 growth at zero. The PSI closed the same week at a 16-year high. End-of-day analysis on why those two facts can hold simultaneously — and what the disconnect tells investors and policymakers heading into Q2.
