It’s been a year of political upheavals, terror threats and civil wars, but that hasn’t slowed the economic optimism of the Germans.
Consumers in Europe’s largest economy are entering the New Year in a more bullish mood than most of their peers, according to an exclusive survey by the online polling firm YouGov for Handelsblatt Global.
Some 60 percent of Germans expect the country’s economic situation to improve or stay the same this year. That’s more hopeful than any other of the seven countries surveyed, including the United States, France and Britain.
If only investors shared that optimism. A separate Handelsblatt survey of bank analysts found that forecasts for the path of Germany’s blue-chip DAX stock index are decidedly mixed.