Articles

Donald Trump Is Weakened – but Can Still Do More Damage

Japan's Fiscal Expansion Will Intensify the Next Phase in the Global Bond Market Normalisation Process

Is Ukraine Closer to Collapse Than We Think?

The European Slow-Motion Crisis Continues. The Foundation Is Weakening

IFO Survey: The Elastic Could Not Stretch Any Further. Why Europe May Face an Even Bigger Shock Tomorrow

Japan and the EU in the same boat means even higher real yields on government bonds

Nvidia Thrives While Its Customers Carry the Real Risk. There Are Hidden Risks Behind the AI Surge

Yet Another Trump Administration in Political Chaos Raises Even More Doubt About the Equity Market Rally

China's economic problems would have triggered QE in the West. Is China deflationary for the rest of the world?

'Wake up, SPD, the political centre has shifted right'. Serious tensions inside AfD

Japan Faces a Cocktail of Fiscal Stimulus and Monetary Tightening

A follow-up: Sweden vs Germany - Diverging Industrial Dynamics

Beijing Underestimates the Risk of a Vicious Deflation Spiral

No Matter the Narrative, the Trump Administration Risks Losing on the Job Market

What if both pillars of investor optimism start to look less solid?

Sweden Has Everything Europe Needs - But Riksbanken Holds the Key

China Has the Upper Hand in the Trade War, But the Economy Still Struggles

Eurozone Inflation Report Again Underscores the Need for Massive Productivity-Enhancing Investment

A One-Year Truce? How the Trump-Xi Summit Reflects China's Ascendance and US Strain

From Sky-High Valuations to Labour Weakness: There is No Clear Picture of the US Economy

IFO Optimism: Why Germany Must Act Fast or Face Inflation

Britain Faces Its Next Budget Crisis: Voters Want Reform UK, but Do Not Trust Nigel Farage's Ability to Solve the Crisis

The long road to European autonomy: Fine words, little action. Scott Bessent suddenly finds himself in need of allies

Everyone is talking about an asset price bubble: America's stock market bubble meets China's rare-earth weapon

China's economy is unbalanced - but Beijing's strategic advantage over the United States is strengthening under Trump 2.0

A Tech Bubble Different from Dotcom in an Environment of Hostile Geopolitics

What if Trump's trade policy hits the Great Wall of China and expectations for AI begin to disappoint?

Beijing Has the Strategic Upper Hand Over the USA - and Its Investment in Africa Is Now Paying Back Threefold

The AI-generated English transcript of the podcast about The Role of AI and Robotics in Europe is available here

Berlin coalition agrees on reforms. Still far too weak to absorb massive infrastructure and defence spending

Japan Moves Sharply to the Right: Sanae Takaichi Faces a Very Different Environment from Shinzo Abe in 2012

Presidential Election May Become Necessary. National Rally Will Not Have Much Room for Manoeuvre. Even Hinting at an EMU Exit Would Trigger 'Asset Price Devaluation'.

European Deregulation by the Back Door

Leadership by Fear risks derailing Trump 2.0

Europe's Tight Labour Market Buys Time, But Not Security. The EU Needs Strong Leadership - 'Preferably Without a Moustache'

The Danish 'drone crisis' shows that action matters more than slogans. Must-listen podcasts

Berlin's Zeitenwende: From Defensive Shield to Offensive Doctrine. AfD Surges Ahead

Russian Hybrid Warfare Will Inevitably Undermine Consumer Confidence and Reshape Spending Patterns in Europe

The IFO survey shows the German economy is still only on the 'edge of an upswing'. The risk of crowding out is high. Putin's provocations help Berlin

When 'All Else Equal' No Longer Applies: Europe's Bond Market Reckoning

Artificial Intelligence and the Economic Tightrope: Growth, Resource Constraints and Monetary Policy

The Federal Reserve faces a difficult task. It must also take into account the macro impact of Artificial Intelligence

Trump's London Visit Risks Political Shockwaves Across Europe

No Relief in Eurozone Wage Pressure as Major Defence and Infrastructure Investments Loom

Deflationary pressure triggers an outright decline in China's private investments. Much is at stake in trade negotiations

Uncle Sam Cashes In on Tariffs to Cover the Deficit - but Opposition to the Emperor Mounts

Another Putin miscalculation: Moscow just made military build-up easier in Europe

France's Debt Structure and EMU Provide 'Protection' Until the Presidential Election in 2027

Germany's Economy: High Hopes, Slow Delivery - Expectations Drive Markets, but Berlin Faces Harsh Realities

There will be no updates from August 25 to September 8 (both dates inclusive) due to vacation.

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