business law
Again, unfortunately, close to the eleventh hour of October I am able to review the fate of the German economy in September. And, again, the German German economy – after bottoming out in May (cf. here) – started its rebound in June (cf. here), the rebound gaining momentum in July (cf. here) and August (here) and continued its … more
While in May it seemd that the corona-related crash of the German economy had already bottomed out (cf. here), the data for June 2020 even shows the first signs of a possible rebound. But, hey, let’s look into the German economy in some more detail:
As foreseen last, month, the Corona-Pandemic has inded cut into the German economy like a hot knife through an ice-cake – and it does not look good. But hey, let’s look into the German economy in some more detail:
As a blogger-colleague colourfully pointed out recently, if people in the locker-room of a swimming pool start to talk about “recession” and “inverted yield curve”, the recession “is mainstream”. Accordingly, even German forecasting instutions, rather (in)famous for not spotting recessions correctly, are at least now considering an – albeit short – recession for Germany (namely, … more
In February 2019, the German economy – if not paralysed (as in the last month, cf. here) – presented disappointing early indicators such as orders and production while other (rather lagging) indicators such as unemployment or corporate insolvencies still show record-low-levels. Let’s look at the development in more detail:
The implicit forecast of my last monthly report, “southbound” (cf. here) has not really materialised in November. Although leading pundits reduced their forecast for German growth and the DAX did lose another roughly 200 points, exports remain rather strong, unemployment figures are unbelievably low, etc. Hence, also the decline takes some time. But see for … more
Yep, as predicted in my last monthly report, “(economic) autumn” (cf. here) has finally arrived in Germany. Amid political tensions after Chancellor Merkel announced here demise as leader of Germany’s conservative party, there is mounting evidence that the German economy has peaked somewhere in the previous months. But let’s have a closer look at the … more
Well, the German economy is currently doing well, when you look at the figures for exports, unemployment or industrial orders. However, from the perspective of inflation or industrial production it does not look to great. The outlook for the foreseeable future, however, seems to be rather measly, if you agree with our government. Hence, after … more
As an awesome year drew where record chased record, Germans finally seemed to enjoyed themselves rather than going out on a shopping-spree. At least that is what the incoming figures about retail around Christmas tell us: Despite growing by a healthy three per cent, especially smaller retails seem to be not too happy about their … more
Despite (or because of?) a political turmoil after the failed “Jamaica”-coalition talks in Germany (others would say: normal political circumstances), the economy is doing quite well, even if the DAX showed some weakness in November: