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Just When You Thought It Couldn’t Get Any Worse For Germany, Business Expectations Crumble To 2009 Levels
Just a day after things went "from bad to worse" for Germany's manufacturing slump, things went from worse to, well, worser?
Ifo's gauge of business expectations plunged to 92.2 for July, data out Thursday showed. That's the lowest reading since 2009.
The news comes barely 24 hours after the flash read on Germany's manufacturing PMI printed the lowest in seven years.
Ifo's current conditions gauge dropped too, falling to 99.4 from 101.1 in June, leaving the headline business confidence inde
I think she’s saying ‘when Trump is defeated at the polls’. (We should be buying shares of companies making champagne. There will be lots of champagne flowing on that day.)