If You Don’t Count Everything, Nothing Went Wrong For European Stocks On Monday

Suffice to say European equities could have done without Monday's Brexit drama. Last Thursday, stocks across the pond logged their worst day since Brexit amid the global risk-off dump and as detailed pretty extensively here on Sunday evening, European assets are staring down the rather uncomfortable prospect of the ECB reiterating an end to APP on Thursday at a time when political tensions are running high and rising short-end rates in the U.S. are sapping demand for € credit. To the extent