The German economy in December 2016 – mixed end to a disturbing year
After a rollercoaster rarely seen in recent history, the year ends relatively patchy for the German economy:
Wirtschaft durch die Augen eines Juristen
After a rollercoaster rarely seen in recent history, the year ends relatively patchy for the German economy:
Until 8 November the month began rather „ordinary“ and did not continue the rebound from September. Obviously, everybody was waiting for the outcome of the US Presidential elections. And then the unthinkable (at least from the viewpoint of the MSM) happened – Trump was voted President. And then, again, the unthinkable happened: stocks did not … „The German economy in November 2016 – Trump ante ports“ weiterlesen
„Sich nicht gemein machen mit einer Sache, auch nicht mit einer guten, nicht in öffentliche Betroffenheit versinken, im Umgang mit Katastrophen cool bleiben, ohne kalt zu sein. Nur so schaffst du es, daß die Zuschauer dir vertrauen, dich jeden Abend einschalten und dir zuhören. “ Hanns Joachim Friedrichs Letzte Woche habe ich 100 US-Dollar gewonnen. … „US-Medien lecken ihre Wunden“ weiterlesen
While in September the clouds hanging over the German economy rather indicated the end of the world („On the edge„) current October figures seem to indicate a moderate to strong rebound:
August remained a relatively quiet month – especially in comparison to June and July. The developments of the previous months (and the season) only took a small toll on the current German economy. However, the outlook has deteriorated.
Against worldwide rather pessimistic expectations, the German IFO business climate index rose from a stagnating 106.7 points in April to 107.7 points in May. As the IFO institute explained: The companies are significantly more satisfied with their current business situation. In addition, they are noticeably more optimistic with regard to the coming months. The German economy is … „And he did it again – IFO business climate index on the rise“ weiterlesen
Not even a month ago, I published an article asking whether recently uncovered ponzi schemes were a sign of the comming recession. Although no judgement can be made whether we all (at least the Brits are) in a recession yet, however, seemingly, some ponzis start to unravel now: Theranos, which I already discussed in the … „More Ponzis ahead?!?“ weiterlesen
Damit in der täglichen Informationsflut das Gesamtbild der wirtschaftlichen Lage nicht so ganz aus dem Blick gerät, habe ich nachfolgend mal ein paar Eckpunkte „festgezurrt“:
Today, the IFO-institute stated that „The Ifo Business Climate Index for German industry and trade dropped to 106.6 points in April from 106.7 points in March. Although companies were somewhat less satisfied with their current situation, their business expectations brightened once again.“ This is not too surprising (for Germans, but probably for everyone else), since … „Not too surprising: German IFO index stagnates“ weiterlesen
Anfang April merkten die Blogger (die Main-Stream-Medien wieder einmal weniger) weltweit auf, denn ein Banken-Krisentreffen jagte das nächste! Eine mögliche Erklärung für die ungewöhnliche Hektik war zunächst die Kritik der Fed am „Testament“ von JP Morgan – also den Regelungen im Fall einer notwendigen Abwicklung.