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  • German ZEW Expectations Break Down

    From zew.de

    The ZEW Indicator of Economic Sentiment for Germany recorded a steep decline in August 2024. At 19.2 points, it is 22.6 points below the value from the previous month. The last time expectations deteriorated in a similar manner was July 2022. The assessment of the current economic situation in Germany also declined. The corresponding indicator fell by 8.4 points to a new value of minus 77.3 points. The ZEW Indicator of Economic Sentiment for Germany recorded a steep decline in August 2024. At 19.2 points, it is 22.6 points below the value from the previous month. The last time expectations deteriorated in a similar ... (full story)

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It started with the last NFP report. UK data horrendous and now the EU data as well. We're definitely heading into recession and are probably already in one. Most likely depression. Of course, all of this isn't relevant at this point. At one point in the future everything will go down fast and furious, however that time isn't yet.
I wouldn't necessarily say that. We have seasonal cycles, bearish conditions are expected now and then an expected rebound later in the year.
Also eery year we talk about recession but have we ever really declined to any reasonable level. the markets in general are always expanding and going up.
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Quoting herrdietrich
I wouldn't necessarily say that. We have seasonal cycles, bearish conditions are expected now and then an expected rebound later in the year. Also eery year we talk about recession but have we ever really declined to any reasonable level. the markets in general are always expanding and going up.
Don't lose everything you have when it does down, because it will. I'm not trying to scare anymore... personally, I think the market will continue going up. However, time will come when it'll crash and you need to know where you want to be at that point and where not to.
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