The European economy is falling too far behind the USA – but the trend is better than many fear

Just a year ago, Europe was happy to have gotten through the energy price shock and the threat of energy supply bottlenecks. The deep recession feared by some economists did not materialize. Somewhat surprisingly, this relief quickly turned into pessimism.

US economy: on course for a soft landing so far – political risks are high

The presidential elections are coming up in the United States this year. This is reason enough to take a closer look at the US economy.

Global Economy Remains Weak

The world’s largest economies – the United States, China, and the Eurozone – will all grow only moderately, dampening global economic growth.

Global economy faces a difficult winter half-year

The global economy expanded solidly in the second quarter of 2023, but without much momentum. I expect Europe – especially Germany and the United Kingdom – to experience a recession in the winter half-year.

U.S. Economy: Banking crisis will lead to contraction of the economy

The U.S. economy is in turmoil and exposed to high risks. The banking stress, the debate about raising the debt ceiling, higher interest rates, geopolitical tensions, and the weakening global economy are likely to lead to a recession this year.

Global economy faces sluggish recovery

The global economy will recover only sluggishly this year with growth of 2.8 percent and next year of 3.4 percent, especially as no tailwind is expected from monetary and fiscal policy.

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