Global Q&A: Cautious on Germany and Europe - Nancy Zambell

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Global Q&A: Cautious on Germany and Europe
Feb 18, 2009 10:20 PM UTC

Nancy Zambell

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I am the Global Editor at MoneyShow.com and each week I interview an investing expert. This week, I spoke with Heiko BÃ¶hmer, editor of Privatfinanz-Letter, who says it's not yet time to return to the German stock markets.

Q. The German economy entered a recession in the third quarter of 2008. Recent projections estimate that it will shrink by 2.25% this year, its worst performance since World War II. With that in mind, which, if any, sectors do you see actually growing in 2009?

A. It's not easy to find growing sectors in this tough economic environment. But I think that utilities and basic goods will show some growth this year. On the other hand, it will be very tough for the most important German sectors-cars and car suppliers.

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Global Q&A: Cautious on Germany and Europe originally appeared on BloggingStocks on Wed, 18 Feb 2009 17:20:00 EST. Please see our terms for use of feeds.

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