A consumer message to Wall Street

An end to the lockdowns in Western countries was long-awaited by the consumers, and the financial markets have been waiting to see the increased spending turn into rising corporate profits – but consumers are now sending mixed signals…

The next global crisis is underway

Some might hope that the world is on its way out of the Covid-19 crisis, though it’s still hard to determine, now would be a good time to start the macroeconomic clean-up work, as several tough pills need to be...
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German economy – still no revolution

The general election to the German parliament will take place on the 26th September, though this time, Chancellor Angela Merkel is not running for re-election. Will it make a significant difference to Germany’s economic policy in the future?