More Bad News
It's one story after another for Germany.
What’s going on in Germany? The country’s economy has been facing challenges for some time, and major sectors—such as the country’s car manufacturers—are falling short of expectations. All the while, the DAX Index is climbing past highs, a great example of how economies do not equal stock markets. We’ll take a look at this dynamic (both in Germany and globally) and some thoughts on the ECB’s rate path.
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What’s going on?
Germany is currently experiencing a mild recession, with an expected flat output throughout 2024, highlighting the economic challenges facing Europe’s largest economy.
