German economic sentitment

[DimPrawn]

https://next.ft.com/content/e741ca8b...b-c61e39a2a998

The German economic sentiment index dived to minus 6.8, down from 19.2 in June and well below economists’ forecasts of a positive reading of 9. This month’s reading is the lowest level since November 2012.

Claus Vistesen at Pantheon Macroeconomics called the survey results “horrific”. He writes:

This is much worse than we expected, and points to downside risks to EZ economic survey data this week. The month-to-month fall in the expectations index is close to a record, only eclipsed by the collapse during the dark days in 2012, when investors were seriously contemplating that the Eurozone would break up.

Oh Dear™

Never mind, UK seems to be racing ahead of the dead beat EU in economic terms.

[FatLazyContractor]

German economic sentitment

For a moment I thought this was about the obvious

[BrilloPad]

The sooner they reach a trade agreement with the UK the better for them. And they need to bail out DB too.

[GB9]

The sooner they reach a trade agreement with the UK the better for them. And they need to bail out DB too.

DB's assessment pre-vote was that the EU zone as a whole was heading downwards later this year, but if we voted to leave we would outperform. So far so good.

[CretinWatcher]

You cretins think the UK is going to outperform Germany?

[GB9]

You cretins think the UK is going to outperform Germany?

That was DB'S assessment. Seems pretty accurate.

[CretinWatcher]

That was DB'S assessment. Seems pretty accurate.

Let's see shall we

[Paddy]

https://next.ft.com/content/e741ca8b...b-c61e39a2a998

The German economic sentiment index dived to minus 6.8, down from 19.2 in June and well below economists’ forecasts of a positive reading of 9. This month’s reading is the lowest level since November 2012.

Claus Vistesen at Pantheon Macroeconomics called the survey results “horrific”. He writes:



Oh Dear™

Never mind, UK seems to be racing ahead of the dead beat EU in economic terms.

Having spent much of my early working life in Austria and Germany I can tell you that a recession in those countries is like boom time in the UK.

[GB9]

Having spent much of my early working life in Austria and Germany I can tell you that a recession in those countries is like boom time in the UK.

That's not what current GDP figures say.

[LondonManc]

Let's see shall we

Industry experts versus some gimp with an analytics tool. Hmmm.