- Germany's GDP growth expanded at just 0.6% in 2019, ending a year in which manufacturing took a battering and the country almost tipped into recession.
- The troubles are far from over, as the domestic car industry faces a critical period as they push sales of electric vehicles, while manufacturers are under pressure to adapt to climate change standards.
- Trade tensions and continued risk of a disruptive Brexit are also weighing on sentiment and momentum.
- ETFs: EWG, DAX, GF, HEWG, DXGE, EWGS, DBGR, FGM, FLGR, ZDEU