Browsing Tag

Germany

The flagging German economy

Germany is a very open economy given its size, with exports at 45.6% of GDP compared to less than 14% for the United States. This makes Germany more vulnerable than most to the global growth slowdown, especially given its recent turn to…

Are bond investors crying wolf?

The abrupt spike in interest rates from mid-April to mid-May is very unlikely to be the beginning of something much bigger and much more likely to be the sort of occasional panic attack that Japan has seen so many of in recent years.

The Varoufakis conundrum

I support what Yanis Varoufakis is trying to do in Greece. I see him as someone who is trying to change the debate in Europe from a narrow one about fiscal rectitude that brings out all sorts of nationalistic prejudices to a wider debate…

Upgrading German and European growth

One thing to keep in mind regarding both politics and shares in Europe is that upgrades to the growth outlook are coming and more should be expected. I see Germany doing particularly well given the decline in the euro. This is positive for…

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