Germany is the driver and it is going down hill Fast forward to next year and Germany could be in a nasty recession
Aimed Capital
Germany is the driver and it is going down hill Fast forward to next year and Germany could be in a nasty recession. The countries strong distaste for anything that could stoke inflation (full blown QE) and a minimal reliance on the future of the stock market to secure future pension plans (discussed here) is now front and center in these weak markets. In my opinion makes it makes me think that this business cycle will run its normal course lower rather than be artificially stimulated higher like we have been used to in the US and Japan in recent history. Germany has been doing so well since 2009, a beneficiary of the weak Euro and strong demand for its extremely well engineered products to Asia, that it has been happy to save and support the weak members of the Euro-zone. My concern is that a German recession will ignite a disregard for another Greek, Portuguese and the rest of the weak Euro periphery bailouts and band-aids. If a recession comes, politics turn and Germany won't save them and Read more... (VIEW LINK)
Running the Aimed Global Alpha - Macro Hedge Fund. Aussie. Trader. Investor. Coder. Cricketer. Skier. Surfer. Flyer. www.aimedcapital.com
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Running the Aimed Global Alpha - Macro Hedge Fund. Aussie. Trader. Investor. Coder. Cricketer. Skier. Surfer. Flyer. www.aimedcapital.com
Expertise
No areas of expertise