Economic situation

After a quite disappointing year 2019, Klöcker’s outlook for the ongoing year is carefully waiting.

The current combination of the cyclical business downtrend, structural changes in the automotive industry, turbulence motivated by trade politics and the coronavirus disease reduces investments worldwide.

The well-meaning activism by teenagers aiming to save the world is contributing to the situation and is being glorified by both media and politics.

Oscar Wilde already knew that human feelings rebel faster than mind and love for sufferers is more convenient than love for thinking.

Despite of politics made by children and globally uncertain economic conditions, Klöcker needs to keep focussing on the economically right things.

Anything else would be irresponsible and hypocritical.