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Category: europe

Give Up, Barbarian. I’ve Got A Printing Press.

March 2, 2021March 3, 2021

I’d be remiss not to point out how explicit the language from central banks is

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5 Comments on Give Up, Barbarian. I’ve Got A Printing Press.

Europe Stares Vacantly At Double-Dip Recession

February 2, 2021February 2, 2021

In news that, unfortunately, market participants hooked on get-rich-quick schemes won’t care too much about,

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EUR-phoria

December 16, 2020December 16, 2020

The euro was the story prior to the Fed on Wednesday, as the single currency

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ECB ‘Recalibrates’ Easing Measures. Ups Pandemic QE Program To €1.85 Trillion

December 10, 2020December 10, 2020

As expected, the ECB topped up its emergency pandemic QE program (PEPP), adding €500 billion

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For All The Hyperinflation Talk, There Sure Is A Lot Of Deflation Going Around

December 1, 2020December 1, 2020

At a time when too many market participants are seemingly terrified of hyperinflation (or at

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12 Comments on For All The Hyperinflation Talk, There Sure Is A Lot Of Deflation Going Around

In Funhouse Mirror Fixed Income Market, Zero Is No Obstacle

November 29, 2020

Last week, Riccardo Fraccaro, cabinet undersecretary to Italian Premier Giuseppe Conte, suggested the ECB should

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Italian Official Has An Idea For The ECB: Just Cancel The Bonds You Bought

November 26, 2020November 29, 2020

In comments that are sure to rankle critics of the current policy conjuncture that finds

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5 Comments on Italian Official Has An Idea For The ECB: Just Cancel The Bonds You Bought

Christmas Bubbles

November 26, 2020November 29, 2020

Caution crept into global markets Thursday, as investors appear suddenly reticent after a month of

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Europe Heads For Double-Dip Downturn As Western World Succumbs

November 23, 2020

Surprise! The European economy looks poised to log another contraction, fresh off Q3’s rebound from

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From Record-Setting Growth To Double-Dip Recession: Europe’s Fate Seen Sealed

October 30, 2020

The euro-area economy expanded at a record pace in Q3, as the same “turn the

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1 Comment on From Record-Setting Growth To Double-Dip Recession: Europe’s Fate Seen Sealed

Lagarde, ECB Confront Double-Dip Recession As Europe Plunges Back Into Lockdown

October 29, 2020October 29, 2020

While explaining France’s new coronavirus lockdowns, Emmanuel Macron was unequivocal in dispelling the notion that there

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No Magical Solution

October 29, 2020October 29, 2020

Daily coronavirus cases in Germany topped 20,000 for the first time since the onset of

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2 Comments on No Magical Solution

Coughs And Coffins

October 28, 2020October 28, 2020

The mood turned dour indeed on Wednesday, as hand-wringing tied to new virus lockdowns in

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Eating Out In Germany & Drinking Water On The Moon

October 27, 2020October 27, 2020

Lockdown worries continued to plague market psychology Tuesday, or at least as it relates to

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4 Comments on Eating Out In Germany & Drinking Water On The Moon

It’s Falling Apart: SAP Collapses On Virus Warning As Europe Stares Into Abyss

October 26, 2020October 26, 2020

A hodgepodge of unwelcome developments undercut risk sentiment as the new week dawned, with the

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1 Comment on It’s Falling Apart: SAP Collapses On Virus Warning As Europe Stares Into Abyss

Double-Dip Recession Risks Becoming Base Case For Europe As Virus Spreads Anew

October 23, 2020

About that European recovery. It’s in serious doubt. And there’s no mystery around why. As

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3 Comments on Double-Dip Recession Risks Becoming Base Case For Europe As Virus Spreads Anew

As Spain, France Top 1 Million Virus Cases, Half Of European SMEs May Be Gone In 12 Months

October 22, 2020October 22, 2020

The COVID containment effort is in shambles across Europe, where officials are now grappling with

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3 Comments on As Spain, France Top 1 Million Virus Cases, Half Of European SMEs May Be Gone In 12 Months

A World Of Problems

October 15, 2020October 15, 2020

Global risk sentiment deteriorated markedly on Thursday as virus fears, waning odds of a pre-election

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Europe Risks ‘Deflationary Spiral’ As German Data Raises Alarm

September 29, 2020September 29, 2020

If Christine Lagarde and the ECB were already fretting about deflation risks in the months

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Into Reverse

September 23, 2020September 23, 2020

It’s not entirely clear “why”, but equities were reasonably well supported Wednesday, as Wall Street

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Let Her Run: ECB Throws Caution To Wind With Laissez-Faire Approach To Surging Euro

September 10, 2020September 10, 2020

Anyone who went into the September ECB meeting thinking Christine Lagarde would jawbone the euro

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6 Comments on Let Her Run: ECB Throws Caution To Wind With Laissez-Faire Approach To Surging Euro

Christine Lagarde Confronts Deflation, Surging Currency At Virus Crossroads

September 10, 2020September 10, 2020

Even as no formal policy changes were in the cards, it probably isn’t accurate to

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Boiling And Launching

September 3, 2020September 3, 2020

“If related enterprises are transferring technology abroad during trade, investment or technical cooperation that fall

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Lagarde’s Trial By Fire Continues As Europe Sinks Into Deflation

September 1, 2020September 1, 2020

Europe had its first brush with deflation in four years in August, as the effects

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Preventing ‘Mass Extinction,’ Arbitrary Arrests, Soybeans And $700 Apples

August 26, 2020August 26, 2020

Global equities loitered near their post-March peaks on Wednesday, as those not on vacation (or

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Escape From America (European Vacation)

August 23, 2020August 23, 2020

Over the past several months, the rally in the euro quite clearly suggested market participants

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In Europe, ‘Fragility’ And ‘Doubt’ Creep Into Data

August 21, 2020August 21, 2020

The European recovery narrative, already under siege from an increasingly disconcerting uptick in coronavirus cases,

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1 2 … 26 Next

Monthly Letter+

  • Lost At Sea

    March 11, 2023March 11, 2023

Week’s News

Great American Deposit Debate Spotlights Legislative Gridlock

March 27, 2023March 28, 2023

Failing Banks, Persistent Inflation Promise Fun-Filled Week

March 26, 2023March 27, 2023

We’re Scaring Ourselves Into Bank Runs Now

March 24, 2023March 26, 2023

It’s Not A Wage-Price Spiral. It’s ‘Greedflation’!

March 23, 2023March 24, 2023

Xi, Putin Revel In Pageantry As Show Of Defiance

March 20, 2023March 22, 2023

Most Read

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    Bonds Doubt Their God. 'Stocks Are Next,' Wilson Warns
  • Recession 'Here In A Few Months'
    Recession 'Here In A Few Months'
  • Let's Argue About Student Debt Some More
    Let's Argue About Student Debt Some More
  • Great American Deposit Debate Spotlights Legislative Gridlock
    Great American Deposit Debate Spotlights Legislative Gridlock
  • Interview That Collapsed Credit Suisse Costs Saudi Financier His Job
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Recent Comments

  • derek on Layoffs Won’t Solve This Inflation Problem
  • John Banjo on Recession ‘Here In A Few Months’
  • T-Dog on Layoffs Won’t Solve This Inflation Problem
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  • Wave Dash on America’s Housing Bubble Flies South For The Spring

Monthly Letters

Lost At Sea

March 11, 2023March 11, 2023

Exiles On Main Street

February 4, 2023March 11, 2023

That’s Great, It Starts With An Earthquake

January 22, 2023February 4, 2023

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