By SIMON CONSTABLE
There’s a new acronym out there that may have implications for investors. It’s FROGs, or frivolously related output gaps.
An output gap is the difference between an economy’s actual and potential gross domestic product. FROGs refer to output-gap estimates for certain eurozone countries that appear to be unusually small, according to a recently published analysis from the Institute of International Finance, based in Washington, D.C. Read more here.
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