Germany Is in Full Blown "Crisis" Mode, Heres What that M...

What this episode covers

German observers are saying the economy has reached crisis proportions and the reason is what the US economy's weakness is doing to the rest of the world. Rather than recover as many in Europe had hoped, the situation has turned grim due to America's growing negatives. As one result, bulls are firmly in charge of all the curves.Eurodollar University's Money & Macro AnalysisIFO Business Climate Index deteriorates (August 2024)https://www.ifo.de/en/facts/2024-08-26/ifo-business-climate-index-deteriorates-august-2024Dow Jones German business increasingly in trouble, Ifo survey findshttps://www.morningstar.com/news/marketwatch/2024082620/german-business-increasingly-in-trouble-ifo-survey-findsWSJ German Economic Expectations Nosedive as Global Slowdown Fears Bitehttps://www.wsj.com/economy/central-banking/german-economic-expectations-nosedive-as-global-slowdown-fears-bite-944996b5S&P Global/HCOB Germany PMIs August 2024https://www.pmi.spglobal.com/Public/Home/PressRelease/3c59ed1870c24259ac3e62cfb7792724deStatis Germany June Tradehttps://www.destatis.de/EN/Press/2024/08/PE24_300_51.htmlBundesbank Forecast for Germany: German economy slowly regaining its footinghttps://www.bundesbank.de/en/press/press-releases/bundesbank-forecast-for-germany-german-economy-slowly-regaining-its-footing-933658https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

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This episode was published on August 29, 2024.

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German observers are saying the economy has reached crisis proportions and the reason is what the US economy's weakness is doing to the rest of the world. Rather than recover as many in Europe had hoped, the situation has turned grim due to...

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