I think I'd rather wait until Monday's ifo to decide, if the services PMI jump is a reason to get excited about Q4 prospects for Germany. The two surveys diverged in September.
Can we all agree that Germany's draft budget plan submitted to the EU Commission is illusionary and only a ploy to increase the fiscal leeway in future years by boosting the control account?
A nice site, run by Doug Laxton (formerly of the IMF, and a great modeler), for those who want to develop skills (Dynare, R, Python,…) and apply them to current macro issues (is there pent up demand?,…). Go and look : https://t.co/5IzElzwUY7
( https://t.co/yei0NoMACt)
Assessments on the economy with @Economist_Kat Fritzi Köhler @KfW@Schattenberg_M@DeutscheBank and me @UniFAU @SVR_Economy - rosy outlook on the demand side, challenges due to supply shortages.
https://t.co/52a7iLJXS9