New coronavirus cases in Germany jumped the most since April, underscoring fears that Europe is
Category: europe
The Virus Strikes Back (Too Complacent)
Foreboding headlines around COVID-related travel restrictions put a dent in risk appetite Friday, as the
‘It Would Be Great If This Record Is Never Beaten’: Europe’s GDP Numbers Betray Epic Collapse
GDP readings out of Europe Friday betray eye-popping contractions that would have been unfathomable in
‘We Finally Have A Number’: German Economy Logs Largest Contraction In Recorded History
“Massive slump” — that’s how Germany’s Federal Statistical Office described the worst quarterly performance on
Europe Haunted By Jobless Recovery
At least the PMIs beat — is what the optimists can say on Friday, as
A Good Slippery Slope
“Sometimes a slippery slope is a good thing”, wrote former trader Richard Breslow on Tuesday.
Taboos Falling
After some 72 hours of needlessly fraught negotiations aimed at sealing a deal to launch
Crossing The Rubicon And Buying The Dips
A scan of the headlines on Friday reveals exactly what you’d expect. China doesn’t want
ECB Prays For Fiscal Help As Decision Nears On Europe’s €750 Billion Recovery Fund
The ECB kept everything unchanged at its July meeting, as European leaders attempt to hammer
China Rising. Europe Trying. Brits Drinking.
Responsible behavior.
Europe ‘No Longer Collapsing,’ Useless Data Shows
“…a sense of relief that a sharp rebound is possible but at the same time caution against too much optimism”.
Pause For Reset
It’s not surprising to see a bit of a regime flip, if only for a day.
Bazookas Galore, Irrelevant Court Rulings, And What’s Next After Europe’s ‘Essential Day’
“We must go quickly and adopt this ambitious agreement”.
‘Largest Political Shift On The Continent In 30 Years’: €750 Billion EU Rescue Fund, Joint Debt To Become Reality
€500 billion will be in the form of grants.
In Europe, Light At Tunnel’s End Still Just Faint Glimmer
Williamson cautioned that a full recovery in Europe may “take several years”.
Caveat Emptor.
Of course, all the usual disclaimers apply.
Is ECB QE Illegal? Asking For Germany
“The Bundesbank may thus no longer participate…”
As Europe Wakes From Nightmare, Recovery To Be ‘Frustratingly Slow’
“… businesses that are able to restart will be running at low capacity, and will be operating in an environment of greatly reduced demand.”
‘Historic’: Markets Marvel At Scope Of Europe’s Record Collapse On GDP Day
“…a recession like the one we’re currently in is unprecedented.”
‘Worse Than That Thought Imaginable’: PMIs In Eurozone, UK Take A Turn For The Surreal
“…output sometimes shrank into almost nothing.”
A French Kiss In The Fog.
Toss out the old methods and say hello to the largest contraction since World War II.
Not Even Mass Death Can Forge A Fiscal Union In Europe
Even a pandemic can’t heal old divisions.
‘Beyond Grim’: Europe’s Services Sector Disappears Into ‘Black Hole’ Leaving Economists Speechless
“It’s increasingly difficult to find the words to describe the devastation”.
Signs Of The Economic Apocalypse Are Everywhere.
For right now anyway, economic activity ain’t possible – to speak colloquially.
As Economic Confidence Collapses In Europe, Germany Pays Workers To Stay Home
The difference is that “all these workers are all still employed”.
Just ‘Trying To Go Up’.
“Markets are all over the place at the moment – and currently trying to go up”.
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