Germany: GDP Growth Composition Since 2013

Germany: GDP Growth Composition Since 2013 In 2019Q1, there is a slight rebound in the German economy but the outlook remains gloomy. Picture source: Oxford Economics

Gold Reserves Around the World

Gold Reserves Around the World The U.S. has the world’s largest gold reserves, followed by Germany, the International Monetary Fund (IMF) and France. Picture source: howmuch.net Click the Picture to Enlarge  

Has the United States Ever Imported a Recession from a Single Foreign Country?

Has the United States Ever Imported a Recession from a Single Foreign Country? The biggest U.S. trade partners are: China, Canada, Mexico, Japan, Germany, South Korea, United Kingdom and France. So far, the US has never imported a recession from a single foreign country. A Chinese recession would be bad for the U.S. and the…

Why Do Eurozone Bond Investors Accept Zero Long-Term Interest Rates?

Why Do Eurozone Bond Investors Accept Zero Long-Term Interest Rates? Because they have a deflationary view of the euro area economy. Now, investors are losing so much money just by holding German bonds in real terms (adjusted for inflation). Today, the Germany 10-Year bond yield hits 0% again. Keep in mind that raising interest rates in…