“…but the faster the virus stops, the quicker and stronger the recovery will be.”
Category: europe
European Economy Suffers Catastrophic Hit From Virus Measures, March Data Shows
“…far exceeding that seen even at the height of the global financial crisis.”
ECB Launches New €750 Billion ‘Pandemic Emergency Purchase Program’. Says ‘Won’t Tolerate’ Virus Anymore
“The Governing Council will do everything necessary.”
‘Economies Are In Lockdown’: Trump Tests Negative For Virus, Europe Shuts Down As Infections Soar
“We have not reached our peak”.
European Shares, Italian Bonds Have Worst Day In History. Literally. So There’s That.
With all due respect, there are questions, Christine. Lots of them.
ECB Expands QE By €120 Billion, Announces New Liquidity Measures, Relaxes Capital Ratios, Leaves Rates Unchanged
Lagarde is credible. It’s just not clear whether she’s credible as a central banker. We’re about to find out.
Christine Lagarde Has 2008 Déjà Vu (Mrs. Lancaster)
Good luck, Christine – you’re gonna need it.
Something’s Gotta Give: Bonds Most Overbought Since LTCM, Consumer Sentiment At Cycle Peak
“Not to put too fine a point on it, but”…
Nobody Say ‘Spanish Flu’
“…complex interconnected systems greatly increase underlying risks.”
Monday, Bloody Monday.
Turmoil.
Don’t Read The Fine Print On Best German Factory PMI In 13 Months
“…the observed jump in the headline index flatters the sector’s current trajectory”.
Europe’s ‘Miserable’ Industrial Recession Deepened In December
How’s that austerity workin’ out for you?
Germany, Which Runs A Surplus And Can Borrow For Free, Posts Worst Industrial Production Plunge Since Crisis
The YoY print was, in a word, terrible.
‘Horror Show’: Germany Posts Worst Factory Orders Drop In A Decade
There’s no way to spin this.
‘TBH, I Doubt It Even Exists’: Some Now Worry Trump Auto Tariffs Based On Imaginary Document
Maybe it only exists in Wilbur’s dreams.
Euro-Area PMIs Are Rorschach Test In January
No recession, but don’t bet on a “V-shaped” recovery.
Markets Look To Lagarde For ECB Strategy Review Details As Japanification Sets In
Mitigating ‘Japanification’ is all that matters now.
Amid Global Euphoria, European Volatility Gauge Dives To Record Low
‘Japanification’ is good!
‘Dire’ Final PMIs Underscore Depth Of European Slump, Pernicious Brexit Impact
“A dire end to 2019”.
‘It’s Turning Into A Merry Christmas’: Global Rally Gains Momentum As Macro Risks Recede
It’s Trump’s rally to lose…
Christine Lagarde Is A ‘Wise Owl’, Isn’t Sure Who (Or What) You Are.
A decent debut, complete with a memorable quote.
Lagarde Era Begins At ECB
Stepping out of the shadow.
Europe’s Very Bad Day Comes Courtesy Of Perfect Storm
Such are the tragic ironies…
Spotted In Europe: Green Shoots
Just in time to wither and die, probably.
As NATO Faces Irrelevance, Trump Blamed In Brussels For Stoking Existential Crisis In Europe
“For the first time in history, there is an American president who is openly against a united Europe”.
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