Is Europe dragging the global economy down? A virtual tour of the world – MM #188

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After a hiatus, Lior Cohen and Yohay Elam return with a virtual tour around the world, kicking off in Germany and encompassing the globe. What’s next for Europe, the US, and the central bank policy?

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  1. Germany in manufacturing recession: The old continent’s largest economy and powerhouse is struggling. How is it related to China and how much is it homegrown? And can Berlin change?
  2. Comparisons to the US: The world’s largest economy suffered a mini-recession in 2015-2016, with the Federal Reserve reacting and pausing. That was also triggered mostly by China. What will the Fed do this year?
  3. Does debt matter?: The US is accumulating more debt, without anybody caring. Will the same happen in Germany?
  4. ECB support: Christine Lagarde, the new chief of the European Central Bank, kicked off a strategic review. Can the Frankfurt-based institution change?

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About Author

Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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