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The German economy slipped into a technical recession in the first quarter. What does this mean for the largest economy in the euro zone and what is a technical recession?
Article on tag "economy"
Conditionally positive economic news
Last week, positive economic data brought back some confidence. The global purchasing managers’ index, one of the most important survey-based economic reports, rose for the third time in a row. On the other hand, the latest inflation reports dampen hopes of a rapid decline in inflation without additional key rate hikes.
High uncertainty reduces potential for asset price increases
The environment for the financial markets remains highly uncertain. The further development of inflation and economic growth is not sufficiently foreseeable. This points to continued high fluctuations in asset prices.
Ceteris Paribus
The indications that the inflation peak will be exceeded are growing. If the relationship between inflation surprises (upside) and asset prices (downside) were to hold, that would be, all other things being equal, good news for the financial market.
Retailers hopeful for Black Friday and Cyber Week
On Black Friday and Cyber Monday, many retailers traditionally draw shoppers with discounts and special offers. In view of high inflation and rising interest rates and their potential impact, the financial markets are looking particularly eagerly to the two big holiday shopping days this year.
Bond markets: the search for yield remains on top of the agenda
US government bond yields have risen significantly in recent weeks. How does Erste Asset Management’s Head of Fixed Income Wolfgang Zemanek assess the interest rate development and the role of the central banks? Read more in the current blog interview on the bond markets.
India: Narendra Modi – the prime minister as crisis winner?
A year ago India was one of the fastest growing economies in the world. Today the world looks completely different because of COVID-19. But no matter how bad the conditions in India are, Prime Minister Modi’s popularity is on the rise. Could he really emerge from the crisis as a profiteer?
The long-term consequences of the corona pandemic – an analysis
The corona pandemic has plunged the world into an economic crisis. Erste AM chief economist Gerhard Winzer analyzes the 10 most important points about recovery, economic policy, inflation and the duration of the slump.
Is China back to work?
When do people in China return to work and how quickly will the economy recover from the coronavirus shock? Our senior fund manager Jenny Teng analyzes the current situation.
Coronavirus: epidemic in China disrupts recovery scenario
Coronavirus: The economy is increasingly affected by the virus crisis. Will China’s economy be able to withstand the pressure despite resistance? Analysis by Erste AM chief economist Gerhard Winzer.