"Is the showdown starting?"
(Reading time: 2 - 4 minutes)
Dear Readers,
the situation is getting worse. For the second time in a row, business expectations in industry have declined. Three consecutive declines would trigger a sell signal in the private wealth exchange model. We are therefore eagerly awaiting the results of the ifo economic survey in February.
This clouding of future prospects has been somewhat lost in the general euphoria. Finally, the business climate index as a whole rose again to the record level last reached in November.