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Slump, Downturn, Recession; All Add Up To Sideways

From alhambrapartners.com

According to Germany’s Zentrum für Europäische Wirtschaftsforschung, or ZEW, the slump in the country’s economy has now reached its fourteenth month. The institute’s sentiment index has improved in the last two, but only slightly. As of the latest calculation released today, it stands at -3.6. That’s up from -24.7 back in October, though sentiment had likewise improved at one point last year, too. In July, the number was also -24.7 rebounding to -10.6 in September before the real stuff began. With sentiment still underwater three months into 2019, ZEW’s separate estimates of the current economic situation in Germany a ... (full story)

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  • Category: Fundamental Analysis