🇩🇪💰 Good Morning from #Germany where GDP contracted 0.2% in Q4 2022 QoQ, meaning Statistical Office has revised its estimate from stagnation to contraction in Q4, and that makes a #recession more likely. The consensus expects German GDP to contract by 0.5% in Q1 2023 QoQ.
- Holger Zschaepitz
- Holger Zschaepitz
🇩🇪🏦 “Good Morning from #Germany, where Deutsche Bank is falling further behind in the global banking crisis. In terms of market capitalization, JPMorgan is now 18 times larger than Deutsche Bank. In January, the factor was only 14.”
- Holger Zschaepitz
- Holger Zschaepitz