That’s A Record Plunge In German Investor Confidence For Anyone Keeping Score

That’s A Record Plunge In German Investor Confidence For Anyone Keeping Score

German investor confidence plunged in March as the coronavirus epidemic and associated declines in equity prices weighed heavily on already fragile sentiment. The expectations gauge plummeted to -49.5 from 8.7 in February, an unprecedented drop, and the lowest reading since the dark days of the European debt crisis. The current conditions gauge printed -43.1. Like the rest of Europe, Germany is implementing draconian social distancing measures in a bid to contain the spread of the virus. "
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