Wirtschaft durch die Augen eines Juristen
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 only NOT crash but – especially in the US – started a rally rarely seen. „The German economy in November 2016 – Trump ante ports“ 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: „The German economy in October 2016 – rebound?“ weiterlesen
The question raised at the end of August („seasonal slowdown or new trend?„) might indeed be answered in the very near future – at least, if Deutsche Bank‘ shares contiue to plunge. But I am getting ahead of myself… „The German economy in September 2016 – on the edge“ weiterlesen
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. „German economy August 2016: Seasonal slowdown or new trend?“ weiterlesen
Amid Brexit, the Turkish Coup and now also terrorist attacks on its soil, the German economy overall remains strong in July 2016: „German economy July 2016: The saga continues, but not so glossy after all“ weiterlesen
Probably also not believing in a Brexit, German managers have again provided for a rise in the German IFO-business climate index from 107.8 in May to 108.7 in June 2016, as the institute announced in its press-statement today. „Another proof that Brexit was a „black swan“: IFO-business climate index climbs again“ weiterlesen
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 growing at a robust pace.
„And he did it again – IFO business climate index on the rise“ weiterlesen
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 the German economy seems to be a little decoupled from the rest of the world economy for some time now: With an unemployment rate of 6.5% in March 2016, Germany shows a robust job-market, even if experts do not see a further decline for the rest of the year due to the refugees now flowing into the job market. Also, the German economy shows a robust if small growth (at least compared to other countries), with now a projected growth rate of about or above 1.5% for 2016. „Not too surprising: German IFO index stagnates“ weiterlesen
While I have commented on several signs of a possible economic decline on Linked-In and here, the German economy seems to walk through these calamities rather undisturbed: „German economy: IFO business climate index, tax revenues on the rise“ weiterlesen
The renown German Ifo-Institute issued its monthly business climate index for February 2016 today and it fell for the third time in a row. The index now stands at 105.7 points (coming from 107.3 in January and 108.6 in December 2015, for further details cf. my previous post). „Ifo Business Climate Index Drops Sharply (again)“ weiterlesen