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(Bloomberg) -- Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.Germany’s recent glimmer of hope after a year of industrial doldrums risks coming too late to prevent wider weakness from taking hold.While an uptick in business expectations and a jump in factory orders have raised the prospect of stabilization, the evidence that manufacturing malaise has begun to affect the domestic economy is mounting. Growth data this week might show Germany either in a recession or just skirting one, underlining that view.“Spillovers are affecting domestic demand,” said Davide Oneglia, an economist at TS Lombard in London. “Once the train is set in motion, it’s difficult to stop.”German policy makers have tended to downplay the slowdown that engulfed the Europe’s largest economy in the summer of 2018 as a temporary problem that would be overcome once peace returned to global trade relations...
