The Presidential Daily Brief


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    Germany Dodges a Recession — But Just Barely

    Despite defying expectations by posting third-quarter growth of 0.1 percent, Germany’s economy — which shrank by 0.2 percent last quarter — is still fragile, Economy Minister Peter Altmaier warned. Experts agreed, noting that there’s little practical difference between the third quarter’s meager growth and the negative 0.1 percent that had been forecast.

    How will markets react? Some analysts say today's news is the "worst of both worlds," since the economy has stalled, but not alarmingly enough to prompt a robust response from the government.

    Don't miss OZY's original series, The Next Recession.

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