Germany Slips into Recession Following the Economic Confidence Model

COMMENT: Mr. Armstrong; Your ECM has been amazingly accurate. Not only did real estate peak, but it is now official, Germany is in a recession.

Great job

HW

REPLY: There is an accurate business cycle that unfolds but you must step back and observe it from a global perspective. The Economic Confidence Model has a long track record.  The numbers are shocking. For 8 out of 12 months in 2018, German production has declined. On average, manufacturing declined 4.1% in November and energy production decline 3.1% in November. Even new construction has declined 1.7%.

 

Latest Posts

Alexander the Great Silver Drachms

  There is no other person throughout history whose name and accomplishments influenced so many, from Julius Caesar to Napoleon, like Alexander the Great. Born a son of the Macedonian [...]
Read more

The message

COMMENT: Mr. Armstrong ….. I do hope this article ‘sinks in’ and we finally will get an objective  government also being replicated around the world!! Opa’91 Survivor of WWII in [...]
Read more

Market Talk – January 21, 2025

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 125.48 points or 0.32% to 39,027.98 • Shanghai decreased 1.75 points or -0.05% to 3,242.62 [...]
Read more

Canada Created its Own Trade Barriers

Stéfane Marion, chief economist of the National Bank of Canada, has urged the Canadian government to reconsider their own trade barriers amid criticism of Donald Trump’s proposed tariffs. The International [...]
Read more