Dieter Wermuth, Economist and Partner at Wermuth Asset Management If I compare the development of European income and output to Swiss and US numbers in

Dieter Wermuth, Economist and Partner at Wermuth Asset Management A ghost is going around in Germany, called de-industrialization. It’s the topic of countless studies and

Dieter Wermuth, Economist and Partner at Wermuth Asset Management My thesis, that a growing population does usually not just lead to an increase of a

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Few analysts had thought that it was possible: the Swedes did it – to reduce CO2

Dieter Wermuth, Economist and Partner at Wermuth Asset Management After years of discussions and analyses the ECB is now at a point where the implementation

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Since last summer the ECB has raised policy rates by four percentage points and it is

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Going by the speed and size of policy rate hikes or by the decline of M3

Dieter Wermuth, Economist and Partner at Wermuth Asset Management Last week I had shown that there has been, contrary to people’s perceptions, a reduction of

Dieter Wermuth, Economist and Partner at Wermuth Asset Management One popular assumption is wrong, especially in the case of Germany: that economic growth requires the

Dieter Wermuth, Economist and Partner at Wermuth Asset Management It looks as though the government’s proposed heating law which aims at a significant reduction of

Dieter Wermuth, Economist and Partner at Wermuth Asset Management One thing is certain: according to the calculations of the International Monetary Fund, based on purchasing

Dieter Wermuth, Economist and Partner at Wermuth Asset Management For several reasons, euro area final demand for goods and services has weakened recently: (1) real