Inflation and Energy Shocks Push Germany into Recession
Germany’s economy has sunk into a recession, as the ripple effects of the previous year’s energy price surge continue to influence consumer spending. The first quarter of 2023 saw a 0.3% decrease in output in Europe’s biggest economy, coming on the heels of a 0.5% contraction at the end of 2022, according to official data […]
The Impact of Consumer Strength on Economic Stability
Despite concerns over a potential downturn, recent data on corporate earnings, GDP numbers, and low unemployment suggest that the U.S. economy is not headed for an economic contraction. Last year, as the Fed tightened rates rapidly and stocks fell about 20%, the obsession with the possibility of a downturn took over executive conversations and business […]