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Weighing the prospects for a turnaround for Germany’s economy

Weighing the prospects for a turnaround for Germany’s economy The German economy is going through a challenging period. GDP growth has fallen behind the rest of Europe and the US in recent years amid high energy prices and weakness in China, a vital trading partner. But there are signs that some headwinds facing Germany industry may begin to abate. These were among the topics on the minds of...

The probability of a US recession in the next year has fallen to 15%

The probability of a US recession in the next year has fallen to 15% The likelihood of a US recession in the coming year has declined amid signs of a still-solid job market, according to Goldman Sachs Research. Our economists say there’s a 15% chance of recession in the next 12 months, down from their earlier projection of 20%. That’s in line with the unconditional long-term average probability of...

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