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Category: europe

The Not-So-Great Coronavirus Debate Rages On: Kill The Global Economy To Save Lives?

March 24, 2020March 24, 2020

“…but the faster the virus stops, the quicker and stronger the recovery will be.”

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12 Comments on The Not-So-Great Coronavirus Debate Rages On: Kill The Global Economy To Save Lives?

European Economy Suffers Catastrophic Hit From Virus Measures, March Data Shows

March 24, 2020March 24, 2020

“…far exceeding that seen even at the height of the global financial crisis.”

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ECB Launches New €750 Billion ‘Pandemic Emergency Purchase Program’. Says ‘Won’t Tolerate’ Virus Anymore

March 18, 2020March 19, 2020

“The Governing Council will do everything necessary.”

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4 Comments on ECB Launches New €750 Billion ‘Pandemic Emergency Purchase Program’. Says ‘Won’t Tolerate’ Virus Anymore

That’s A Record Plunge In German Investor Confidence For Anyone Keeping Score

March 17, 2020March 17, 2020

Bleak.

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‘Economies Are In Lockdown’: Trump Tests Negative For Virus, Europe Shuts Down As Infections Soar

March 14, 2020March 14, 2020

“We have not reached our peak”.

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10 Comments on ‘Economies Are In Lockdown’: Trump Tests Negative For Virus, Europe Shuts Down As Infections Soar

European Shares, Italian Bonds Have Worst Day In History. Literally. So There’s That.

March 12, 2020March 12, 2020

With all due respect, there are questions, Christine. Lots of them.

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2 Comments on European Shares, Italian Bonds Have Worst Day In History. Literally. So There’s That.

ECB Expands QE By €120 Billion, Announces New Liquidity Measures, Relaxes Capital Ratios, Leaves Rates Unchanged

March 12, 2020March 12, 2020

Lagarde is credible. It’s just not clear whether she’s credible as a central banker. We’re about to find out.

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3 Comments on ECB Expands QE By €120 Billion, Announces New Liquidity Measures, Relaxes Capital Ratios, Leaves Rates Unchanged

Christine Lagarde Has 2008 Déjà Vu (Mrs. Lancaster)

March 11, 2020March 11, 2020

Good luck, Christine – you’re gonna need it.

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2 Comments on Christine Lagarde Has 2008 Déjà Vu (Mrs. Lancaster)

Something’s Gotta Give: Bonds Most Overbought Since LTCM, Consumer Sentiment At Cycle Peak

February 28, 2020

“Not to put too fine a point on it, but”…

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4 Comments on Something’s Gotta Give: Bonds Most Overbought Since LTCM, Consumer Sentiment At Cycle Peak

Nobody Say ‘Spanish Flu’

February 26, 2020February 26, 2020

“…complex interconnected systems greatly increase underlying risks.”

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5 Comments on Nobody Say ‘Spanish Flu’

Monday, Bloody Monday.

February 24, 2020February 24, 2020

Turmoil.

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6 Comments on Monday, Bloody Monday.

Don’t Read The Fine Print On Best German Factory PMI In 13 Months

February 21, 2020

“…the observed jump in the headline index flatters the sector’s current trajectory”.

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1 Comment on Don’t Read The Fine Print On Best German Factory PMI In 13 Months

Europe’s ‘Miserable’ Industrial Recession Deepened In December

February 12, 2020

How’s that austerity workin’ out for you?

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3 Comments on Europe’s ‘Miserable’ Industrial Recession Deepened In December

Germany, Which Runs A Surplus And Can Borrow For Free, Posts Worst Industrial Production Plunge Since Crisis

February 7, 2020February 7, 2020

The YoY print was, in a word, terrible.

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‘Horror Show’: Germany Posts Worst Factory Orders Drop In A Decade

February 6, 2020February 6, 2020

There’s no way to spin this.

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So Much For ‘Green Shoots’: Europe Posts Worst Quarter For Growth In Almost Seven Years

January 31, 2020January 31, 2020

Japanification.

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1 Comment on So Much For ‘Green Shoots’: Europe Posts Worst Quarter For Growth In Almost Seven Years

‘TBH, I Doubt It Even Exists’: Some Now Worry Trump Auto Tariffs Based On Imaginary Document

January 24, 2020January 24, 2020

Maybe it only exists in Wilbur’s dreams.

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Euro-Area PMIs Are Rorschach Test In January

January 24, 2020January 24, 2020

No recession, but don’t bet on a “V-shaped” recovery.

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Markets Look To Lagarde For ECB Strategy Review Details As Japanification Sets In

January 23, 2020January 23, 2020

Mitigating ‘Japanification’ is all that matters now.

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Amid Global Euphoria, European Volatility Gauge Dives To Record Low

January 17, 2020January 17, 2020

‘Japanification’ is good!

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‘Dire’ Final PMIs Underscore Depth Of European Slump, Pernicious Brexit Impact

January 2, 2020January 2, 2020

“A dire end to 2019”.

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‘It’s Turning Into A Merry Christmas’: Global Rally Gains Momentum As Macro Risks Recede

December 13, 2019December 13, 2019

It’s Trump’s rally to lose…

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4 Comments on ‘It’s Turning Into A Merry Christmas’: Global Rally Gains Momentum As Macro Risks Recede

Christine Lagarde Is A ‘Wise Owl’, Isn’t Sure Who (Or What) You Are.

December 12, 2019December 14, 2019

A decent debut, complete with a memorable quote.

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2 Comments on Christine Lagarde Is A ‘Wise Owl’, Isn’t Sure Who (Or What) You Are.

Lagarde Era Begins At ECB

December 12, 2019December 14, 2019

Stepping out of the shadow.

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Europe’s Very Bad Day Comes Courtesy Of Perfect Storm

December 2, 2019December 2, 2019

Such are the tragic ironies…

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Spotted In Europe: Green Shoots

November 29, 2019November 29, 2019

Just in time to wither and die, probably.

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As NATO Faces Irrelevance, Trump Blamed In Brussels For Stoking Existential Crisis In Europe

November 27, 2019

“For the first time in history, there is an American president who is openly against a united Europe”.

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