German Yield Curve inverted, indicating recession, 6.1% inflation, PMI contraction.

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“The German Yield Curve is the mot inverted its been in over 31 years.

This may signal an impending recession.

Also the German economy:

-6.1% Inflation

-Contraction in PMI from May to June

-GDP forecasted to fall in Q2”

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“WSJ: Germany has become a drag on Europe’s economy due to its reliance on manufacturing When global demand weakens (as it happens with high energy costs and inflation), this model is no longer competitive. Energy-intensive manufacturing industries were hit particularly hard…”

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