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After Germany's governing coalition collapsed last week, the country's ZEW added more solid evidence about why that was. The ZEW also collapsed into November. That's not just about Germany since the "zoo" is really what the rest of the world looks like from the German perspective. That also has a lot to say about the ongoing Treasury selloff (just like April). Eurodollar University's Money & Macro Analysis ZEW November 2024 https://www.zew.de/en/press/latest-press-releases/falling-economic-expectations-after-trump-victory Bloomberg German Investor Confidence Slumps on Political Strife, Trump Win https://www.bloomberg.com/news/articles/2024-11-12/german-investor-confidence-slumps-on-political-strife-trump-win https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |