The sentiment with German investors is a little less negative in December, the index rising from -53.5 points to -45.2 points. The historical average is +27.1 points. The recent cut in interest rates has contributed for the slight increase, but investors realize of the tough times ahead and know the economy is slipping deeper into a recession. Overall things will get worse before they get better.
Wednesday, December 10, 2008
German Investor Confidence Rises
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I think this can be attributed to Germany's stance in the last EU emissions agreement. They were less strict on Mercedes and (I think) Volkswagen on emissions standards.
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