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Germany Is Flirting With Recession After Investor Confidence Falls

  • Expectations index fell to -44.1 in August; median est. -28.0
  • Economy probably shrank in 2Q, data signal deepening downturn
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Saxo Bank’s Hardy Expects Recession in Germany’s Manufacturing Sector
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Investor confidence in Germany’s economic outlook worsened for a fourth month after a string of disappointing figures raised recession risks.