If financial investors accept, for the next ten years, a yield of just 2.2% on their holdings of German government bonds, while ECB policy rates

The Federal Republic has rock-solid public finances, especially in comparison to other large industrialized countries. Quite surprising then that the media are dominated by a

As long as the difference in the standard of living between OECD countries and the rest of the world remains large there will be strong

Monday was big data day in Germany. Third quarter real GDP came out a little better than expected, at -0.1% q/q s.a. and -0.4% y/y.

Geopolitically, the EU is almost irrelevant. There is the risk that its influence will shrink further if Donald Trump becomes US president again in January

If my country’s government decides, for climate reasons, to make the burning of oil, gas and coal more and more expensive while other countries don’t

Last spring I had already written a piece about this topic. In the meantime, immigration has become an even more important issue in European media

Globally, CO2 emissions continue to increaseDieter Wermuth, Economist and Partner at Wermuth Asset Management Despite all the efforts and success stories in rich OECD countries,

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Since spring 2022 both fiscal and monetary reins have been increasingly tightened. Budget deficits of European

Dieter Wermuth, Economist and Partner at Wermuth Asset Management The discussion about Germany’s economic decline, about its status as Europe’s sick man, will not end,

Dieter Wermuth, Economist and Partner at Wermuth Asset Management A few days ago, Professor Bernd Raffelhüschen and his research assistants at the Universität Freiburg have

Dieter Wermuth, Economist and Partner at Wermuth Asset Management On August 19, the British “Economist” had asked on its title page whether Germany was “….