Report
Germany: is the problem in Frankfurt or in Berlin?
Last summer the German economy weakened all of a sudden. The market may have thought the shock would be short lived and limited to the automotive sector but a year later Germany has not recovered. Now industry is in recession, and there are signs of contagion to services. What should be done? There is a battle of ideas between two “thesesâ€. On the one hand, from the “Anglo-Saxon†world, there are multiple calls for an immediate Keynesian fiscal stimulus. On the other, in German e...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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