Ireland's service sector just flexed some serious muscle. The latest PMI reading clocked in at 58.5 for November—a solid expansion signal that's well above the 50 threshold. This kind of momentum in the services space typically hints at robust economic activity, which often ripples into investor sentiment across various asset classes. When traditional markets show this type of strength, capital flows can shift unpredictably. Worth keeping an eye on whether this translates into broader risk-on behavior or if macro headwinds start pushing investors toward alternative stores of value.