Germany’s Greens to benefit from CDU/CSU woes, How long will the great reflation trade last?
Tuesday 13 April 2021 – Vol.12 Ed.15.2
Commentary: Germany’s Greens to benefit from CDU/CSU woes By David Marsh in London
Germany’s Green party seems likely to benefit most from squabbling over Chancellor Angela Merkel’s succession among ruling conservative parties – with far-reaching consequences for Europe, including the European Central Bank’s monetary and climate policies. The Greens, running second in opinion polls behind the CDU/CSU, look set to be king makers in September.
Commentary: How long will the great reflation trade last?
By Nathan Sheets in New York
Analysts expect the global economy to expand by 6% or more this year, the fastest pace in decades. The US will lead the way, but growth in Europe should also bounce back as the year progresses. Along with these rising growth expectations have come concerns about inflation. Many of the structural trends that weighed on performance in the years before the pandemic are very much still in place. These factors are likely to restrain growth and inflation.
