UBS Sees Major European Economic Deceleration in Q4

The video discusses the economic slowdown in Europe, highlighting a major deceleration in Q4. It attributes 75% of the weakness to factors linked to the global trade cycle, with Europe being heavily exposed. The video also examines the role of Mr. Draghi in addressing these challenges. Growth forecasts for 2019 are revised downwards, potentially affecting normalization trajectories. Inflation prospects are discussed, noting a drop in headline inflation due to oil prices, while wages remain stable.

What is the current tracking estimate for Q4 growth in Europe?

How does the German full year number impact the recession outlook?

What factors are contributing to the major slowdown in Europe?

What assumptions are being made for growth in 2019?

What communication issues might arise from the expected drop in headline inflation?