As every Sunday, the most important dates for the coming week, as well as the most important news from the past week.
Also as a video:
https://youtube.com/shorts/_U4htLIl06Y?si=6G---E0VAFLpuuYS
Sunday:
22 top economists call on the German government not to adopt the pension package. Clemens Fuest, Veronika Grimm, Monika Schnitzer and Bert Rürup, among others, are of the opinion that a well thought-out pension concept should be presented and no quick fixes adopted.
Monday:
$BAYN (-0,34%) Bayer brings another blockbuster drug to the home straight. The FXIa hammer Asundexian probably lowers the risk of strokes.
https://stock3.com/news/bayer-bringt-milliardenblockbuster-auf-die-zielgerade-16810955
Tuesday:
It is becoming apparent that $NVDA (-1,41%) NVIDIA is losing its supremacy in AI chips. $META (+1,85%) Meta would probably like to $GOOGL (-0,51%) Google to buy corresponding chips. The Alphabet share is therefore rising. However, one should be aware that far fewer profits are made in a duopoly than in a monopoly.
Wednesday:
The IMF makes some reform proposals for Germany. Property and alcohol tax should be increased to close the budget gaps. Loopholes in inheritance tax should be closed. The IMF also urges the German government to reform its pension system, as have 22 renowned economists. In future, the pension level should be linked to the level of inflation, not to the development of real wages. At this point, one wonders how ignorant a federal government can be when it comes to pensions.
Thursday:
Economic data from the US has made an interest rate cut more likely. This is currently driving the markets and causing Bitcoin to rise again somewhat.
Friday:
Positive development around the pension package. A rethink is taking place. As a supplement to the pension package, a 10 billion euro equity fund is being set up. A drop in the ocean, but a significant change, as we would no longer have a purely pay-as-you-go pension system. In addition, results for a fundamental reform are to be presented in 2026.
Inflation in Germany is expected to be 2.3% in November.
These are the most important dates for the coming week:
Tuesday: 11:00 Inflation data (EUR)
Wednesday: 16:00 ISM economic data (USA)
Thursday: 11:00 Retail sales (EUR)
Can you think of any other dates?