CNBC Worldwide Exchange November 22, 2012
We kick off three hours with the euro son Flash Services pmi, 5. 7. A little weaker than consensus. Lowest since july 2009. Business expectations 48. 6. Manufacturing manufacturing pmi 46. 2. Composite pmi as a result 45. 8, which is pretty him bang in line with the reuters poll. So Service Sectors worst since july 2009, decline in manufacturing eased a little bit more than expected in november. Joining us, chief european economist. Ricar ricardo, thanks for joining us. So still a negative territory. What does this point to in terms of the economic decline for the Fourth Quarter . I think its ...