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Category: europe

Italian Economy Flatlines In Third Quarter, Turning Screws On Populists

October 30, 2018October 30, 2018

There’s more bad news for Italy.

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End Of An Era: Analysts Weigh In On Angela Merkel

October 29, 2018October 18, 2021

This is, frankly, an unfortunate development to the extent you view Merkel as the guardian of a Western democratic order that is under siege on a daily basis.

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Angela Merkel Bombshell Shocks Europe, But Rallies In Banks, Autos Lead Stock Surge

October 29, 2018October 18, 2021

“Shock and disbelief”.

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ECB Keeps Policy Unchanged, But All Eyes Are On Draghi Amid Italy Jitters, Global Selloff

October 25, 2018October 25, 2018

Now we’ll wait on the press conference.

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Drivers Wanted: Full Week Ahead Preview

October 21, 2018October 22, 2018

Pick a catalyst, any catalyst.

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European Commission To Reject Italy’s Draft Budget On Tuesday

October 21, 2018October 18, 2021

“Solemn” indeed.

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Moody’s Downgrades Italy, Outlook Is Stable

October 19, 2018October 19, 2021

And so it begins. 

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Italy Is In Turmoil, So I Guess Everyone Will Start Talking ‘Contagion’ Now

October 19, 2018October 19, 2021

“Lo spread” fears are spreading.

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1 Comment on Italy Is In Turmoil, So I Guess Everyone Will Start Talking ‘Contagion’ Now

Dear Italy: You Now Stand Accused Of ‘Unprecedented’ Crimes Against Budget Discipline

October 18, 2018October 18, 2018

“We and the E.U. have different views on Italy’s policies.”

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People Take Break From Selling Italian Assets To Make Sure They Still Have Some To Sell Later

October 3, 2018October 19, 2021

“Either this is the people’s budget or it’s not worth it.”

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One Trader Doesn’t See Much Difference Between Italy And The U.S. On Fiscal Policy

October 2, 2018November 13, 2018

“The world is changing. Deficits are the new normal and Italy’s latest salvo is just one of many changes that will happen in the coming months and years.”

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1 Comment on One Trader Doesn’t See Much Difference Between Italy And The U.S. On Fiscal Policy

Claudio Borghi Knows There’s Never A Bad Time To Throw Gas On Raging Italian Dumpster Fires

October 2, 2018

“The euro as a common currency is not sufficient.”

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Mob Hit: Italian Assets Whacked In Bloody Friday Rout

September 28, 2018October 17, 2021

Sonny on the causeway and such.

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‘We Do Not Think Markets Will Appreciate This’: Italy’s Populists Successfully Blow Up Budget

September 28, 2018October 17, 2021

“We see this as a defeat for Mr Tria, as a guarantor of fiscal prudence.”

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Italian Assets Crushed As Populists Upend Budget Talks At Last Minute

September 27, 2018October 17, 2021

Predictably, the fraught Italian budget negotiations went off the rails at the last minute.

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In Europe, Credit Investors Search For A Liquidity Oasis

September 16, 2018September 16, 2018

Who’s thirsty?

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ECB Sticks With ‘At Least Through Summer 2019’ Rates Guidance

September 13, 2018September 13, 2018

It’s all fun and games unless Italy blows up the budget.

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These Four Charts Illustrate American Exceptionalism In 2018

September 12, 2018

Somehow, this will resolve itself.

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That’s Amore.

September 10, 2018

Who wants to catch a falling knife?

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Dodging Bullets: Full Week Ahead Preview

September 9, 2018October 17, 2021

Around the world in 2,100 words.

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European Banks Hit 22-Month Low As Deutsche Bank Gets More Bad News

September 7, 2018

When it rains…

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‘Lords Of The Spread’.

September 5, 2018

“Matteo wept for the end of innocence, the darkness of Berlin’s heart”…

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Bad Italian.

September 3, 2018October 17, 2021

“[We will] try to respect all the hurdles Europe imposes, but the well-being of Italian citizens comes first.”

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European Stocks Suffer Worst Month Since February As Perfect Storm Of EM Contagion, Italy Jitters Comes Calling

August 31, 2018August 31, 2018

“In September, markets will need to navigate news flow.”

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Europe’s Offer To ‘Got To Zero’ On Car Tariffs ‘Not Good Enough’ For Man Who Wants Mercedes Gone From 5th Avenue

August 30, 2018

“The European Union is almost as bad as China, just smaller.”

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‘We’re Willing If You Are’: Europe Calls Trump’s Bluff On Zero Car Tariffs

August 30, 2018August 30, 2018

“That’s what we learned at the Wharton School of Finance”…

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R.I.P. Irony: Italy Will Ask ECB To Create New QE Program In Anticipation Of E.U. Budget Fight

August 29, 2018August 29, 2018

“If the ECB covers you, markets can’t speculate because they don’t make money.”

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