Monday, October 16, 2006

German economic recovery continues apace

Germany ups GDP growth estimates to around 2%-2.5%. This helps it pull ahead of the euro zone in general (about 2%) but still lags the US (about 3.4% GDP growth).

I am the world's single worst investor but about a year ago I dropped a few pennies in a German-tracking ETF and it is up almost 25% so far. I hope this news could push it up further (I'm saving up for a newspaper and a pack of gum)

FT.com / World / Europe - German economic recovery continues apace

1 comment:

SV Sleuth said...

Again you will be proven wrong. Having purchased World Online stock, I obviously have bragging rights for being the world's worst investor. I settled for index funds now, but am sure that even there I will somehow succeed in picking the wrong ones.