Posted on 07/25/2017 7:03:26 PM PDT by Berlin_Freeper
BERLIN (Reuters) - German business morale hit a record high in July as "euphoric" manufacturers, shrugging off the impact of a strong euro, anticipated a surge in already robust exports from Europe's biggest economy.
The Munich-based Ifo economic institute said on Tuesday its business climate index, based on a monthly survey of some 7,000 firms, hit its third record high in as many months with a rise to 116.0 from 115.2 in June.
(Excerpt) Read more at reuters.com ...
After the German auto diesel “fix” this is a bit of a stretch...
The author needs to brush up on the economics of international trade. German business doesn't have to "shrug[ing] off the impact of a strong euro". German business is the reason for the strong euro. OTOH, less efficient economies within the Euro Zone (the PIIGS, etc.) are probably struggling -- again.
Well, I wonder which export market has the Germans all excited and why.
Well, I wonder which export market has the Germans all excited and why.It's a phony " business climate index, based on a monthly survey of some 7,000 firms"...
Meanwhile US stocks are setting record highs in REAL value...Real value is the best survey you can get.
LoL!
lewislynn is the FR resident rabid German hater, who posts idiotic nonsense.
lewislynn is the FR resident rabid German hater,
...who goes especially whacko whenever I catch up on Brexit news (I once surmised that he is actually British - which he did not deny.). Watch me ruin his whole day:
BMW to build new electric Mini in the U.K. despite Brexit worries
After all your hate on Germany - who throws a lifeline? Germans!
Yea, you are not going to like that either - LMAO at you, silly man!
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