There’s a Weak Link in the Global Economy

For all the worries that the trade war between the U.S. and China will knock out their economies, it’s Europe that increasingly looks like the biggest threat to global growth. Good economic news has long been absent, and even continental powerhouse Germany is in trouble. Deteriorating demand across the 19-nation euro area means expansion is at risk of barely topping 1 percent this year, a sharp slowdown from 2018’s 1.9 percent.