Despite US business media’s propagandic imploring that Europe is recovering, is in a Goldilocks scenario, and is the best place to invest – all thanks to the magic of Q€ – it appears they forgot to tell the Germans. The ZEW Investor Expectations index fell for the first time in 6 months, without making a higher high, as Germany’s DAX index rose to record-er higher highs. We’ve seen this pattern of momentum exuberance before…