Submitted by [deleted] t3_yzlf1u in wallstreetbets
[deleted]
Submitted by [deleted] t3_yzlf1u in wallstreetbets
[deleted]
[deleted]
Well, from my own experience either someone is very greedy or the prices are really high. Coal price in Poland tripled, my friends from Finland stopped buying electric cars as the energy prices surged and they say it is no longer worth it. Family from UK is planning to relocate due to high utility bills. Europe countries were able to fill their gas storages it doesn’t change a fact that they will be empty by the next winter. There is an excess, but it will deplete. In “normal” circumstances I would say that central banks will solve the situation with stimulus and printing money, but with global inflation like this it is not the case anymore. Of course I might be wrong, but as a person living here I really see that this situation is quite challenging for some people
[deleted]
Anyway, I dont want to influence your trading decisions, you might be right, I might be wrong, we might be both wrong. This is a casino :) good luck!
I have some doubts about the German economy making rapid growth which would be required for the ETF to show substantial growth.
The German economy relies on exports - and much of that is in cars. And German cars are behind on the EV market. They’ll need to play catch up which they probably could do but there are some dependencies in production that could bottleneck them - supply chain issues relating to microchip availability is one since Germany doesn’t make their own and rely (as the US and Japan do) on imported chips mainly from Taiwan and China.
The other is that Germany’s population is an aging one so there are questions about a contraction of its productivity as the labor supply shrinks accordingly. They are not structured to be as elastic in absorbing foreign labor as the US. We’re very good at attracting skilled and educated immigrants. Germany is more or less mired by refugees along with much of the EU. This doesn’t translate into boosting their high end labor force.
Germany and Japan have a lot in common and Japan hasn’t been a strong growth market. They are great at what they’re doing but it isn’t a growth nation.
Poorer countries have a bigger potential for big jumps in GDP. Take Vietnam for instance. They have a ways to go but are in a good position for growth and they have a growing industrial and manufacturing base. I’d put my investment into that etf before Germany’s.
Another is the UK. They are in terrible shape because they made boneheaded political decisions. They broke their own legs by seceding from the EU and are struggling to reestablish access to global markets that their EU status used to give them. However, if they manage to pull their political system straightened out, their economy should improve - only because of how utterly fucked they are now. So as a first world country, they actually offer decent growth potential from the fact they’re at a bottom and still stumbling around now.
Wait, why do you say German cars are behind on EV? At least in Paris, you cannot walk a block without seeing a BMW EV for example (one small data point of course).
In the USA, German EV are quite rare. Even hybrids.
You are right. I see some electric BMWs in my neighborhood when I am home (I am American) but, to your point, there are 20 or more teslas for every one of them. Thanks.
[deleted]
The exchange rate thing is a good point!
[deleted]
>I think you're onto something with your analysis of the German economy. I believe that once the war is over, there will be a massive recovery period for Germany and the rest of Europe. The Euro will definitely rise in value, and inflation will likely drop as well. This ETF looks like a good way to play those trends.
I mean the day is over it'll be green everywhere.
[deleted]
Oh hell yes.
If you wanna get crazy about it, one investment to consider after the war is over and all is said and done is to invest in...Russian assets.
Many countries have their own ETFs. I tossed a bit in Switzerland because, you know, Switzerland. China has an ETF as well.
But Russia has crashed pretty hard, but once the war is over, you know one economy that's bound to improve is the economy that lost the most. (And you can't invest in Ukraine that I know of)
[deleted]
I don't think it's clear about what will happen with the war.
I mean, with Ukraine and Russia is a maybe, but then look at the rising tensions...
*checks*
Pretty much everywhere else.
aye lets all gamble that the war will be over next year, and not think about that is winter and the German economy is about to get fuk
[deleted]
there will be blackouts. blackouts can't be good for earnings.
Russian here: Russian army is fucked, idk how Putin managed to find so many working tanks, usually it’s 1 out of 10. Ukraine will free all their land by summer 2023 think, but it won’t make Europe any good, because it will have to switch to expensive LNG. Also there’s 99% chance that Putin will be “fired” from his position right after defeat in Ukraine
[deleted]
Ukrainian military gives that prognosis, that by summer 2023 they will liberate Crimea and Donbas. Hard to predict it, I thought Kherson was going to be liberated in December, but it turned out to be sooner
Yup. I was watching EWG from the moment the war broke out. I pulled the trigger on a first round as soon as they dropped below $20. Could go down further over the winter depending on how ruthless Putin turns out to be. Germany could be highly dependent upon Russian oil and gas although they have been working to become less so. If Putin turns off the spigot during the winter Germans could be in real trouble. Then again, this war could fizzle and Putin may become less inclined to pursue escalation. EWG is down and will eventually recover but it may not be done yet.
In 23 we will see massive unemployment due to high energy prices starting from jan 23. Food riots are planned for 24, 25
User Report | |||
---|---|---|---|
Total Submissions | 0 | First Seen In WSB | 1 week ago |
Total Comments | 182 | Previous Best DD | |
Account Age | 1 week | [^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.) | [^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.) |
Vote Spam | Click to Vote | Vote Approve | Click to Vote |
Check out the WSB Discord
Hey /u/baeconundeggz, positions or ban. Reply to this with a screenshot of your entry/exit. >TL;DR: I think Germany will do well economically after the war, and the Euro will rise. You can play this with EWG Leaps.
[deleted]
even though I agree with you, you are dangerously downplaying the energy costs. The fact that Natgas is not at $9 does not mean that the problem is over... and it won't be over for a while (I hope so, I am banking on high gas price for a non financial project SME xD) I will start building my german/european position by February I think
[deleted]
>Eurozone will see a massive recovery. The Euro has already been rising this past month and
And the weak € allowed the companies to profit. A strong € is not as great, look at Swiss who are panicking about the strong Franken.
Also the shitshow with refugees. At the same time there are not enough skilled workers, good luck producing more when there are not enough people.
And the refugees won't solve it. Most syrians, afgans and now ukranians have a hard time learning the language. And are traumatized after all they went through. Don't see them replacing the retiring older workers and filling the existing gaps. (Or the conservative companies working with them in the first place...)
[removed]
Interesting_Ad1006 t1_ix0md31 wrote
You know that energy crisis in europe will still last even after the war? Sanctions for russia will not dissapear a day after the war. Europe needs to rebuild its energy infrastructure first. Im not saying you are wrong, there probably will be a big rally when the war is over, I wouldnt be so sure that the market is going to grow constantly, I doubt we will see ATH in Europe indexes soon