‘Stuck In Recession’: Outlook For German Economy Worsens Further

Not that anyone needed another reminder about the parlous state of Europe's largest economy, but just in case, Germany's most prominent leading indicator fell a second month in January, data out Thursday showed, underscoring recession vibes. The Ifo expectations index ticked down to 83.5, defying economists' projection for a trivial improvement. It was the worst reading on the gauge since September. The business climate index likewise fell a second month. "Companies assessed their current situ