The news agency Bloomberg News has awarded two analysts of the asset manager Bantleon Bank AG as »Top Forecaster of the Euro-Area Economy«: Senior Economist Jörg Angelé and Chief Economist Dr Daniel Hartmann. Bloomberg honoured their very precise forecasts for various economic indicators regarding the Eurozone.
»This award confirms our ongoing outstanding analytical expertise,« says Stephan Kuhnke, CEO and Head of Asset Management at Bantleon Bank AG. According to Bloomberg, the economic research team has consistently ranked among the world's best forecasters for the Eurozone since 2011 and regularly belongs to the »Top 5« (2011: rank 1; 2014, 2017, 2018 and 2019: rank 2). The forecasts of »Bantleon Senior Economist« Dr Andreas Busch for the USA are also very precise: according to Bloomberg, he has been among the top ten forecasters for the country worldwide since 2013 (2015 and 2016: rank 5; 2017: rank 6; 2018: rank 7, 2019: rank 4 and 2020: rank 3).
For the current Bloomberg ranking concerning the Eurozone, the forecasts of 27 international analysts were evaluated. Data submitted to Bloomberg over the past two years forms the basis. Overall, it referred to the following nine indicators: gross domestic product, consumer confidence, consumer prices, EU Commission economic and industrial confidence, M3 money supply, industrial production, producer prices, unemployment. To qualify for being ranked in the »Top Forecasters of the Euro-Area Economy«, participation in at least 15 of the past 24 months was required for at least five indicators.