### Comment:
Well it's mostly export related to China IMO. The US economy is still strong but Chinas economy is growing slower because of the trade war. As a german company you see that, plus fears of an escalation of the trade war and maybe tarrifs on german exports to the US, you do not build up inventory, or employ more people etc. as you would have if things are predictable. It's a negative feedback loop

### REPLY:
And brexit. A lot of eu supply chains r shitting the bed. With May gone there’s a decent chance of no deal brexit

### END.