“Lo spread” fears are spreading.
Relief, But Not-So-Great Expectations.
“Unanimous concern and disappointment” and deteriorating sentiment despite a bid for the periphery.
Spain Likely Headed For New Elections, But For Now I Guess Let’s Buy Spanish Assets Because Nobody Liked Rajoy?
He “respects your decision” but don’t you expect him to “share” it, ok?
With Friends Like You.
Who needs allies, anyway?
Italy Has A Maybe Government, Spain Has ‘No Confidence’ And Generally Speaking, Europe Is All ‘WTF’?
Good luck trying to figure all of this out.
In Europe: A Tenuous Calm
It’s a good thing no one is planning on introducing any further uncertainty into the mix. Oh, wait…
Hazmat suit required.
‘Triple-Digit Club’: Spanish Stocks, Bonds Slide, Spread To Bunds Hits 100bps As Rajoy Faces No-Confidence Vote
Sorry, Mario. Looks like September is looking less and less feasible.
Of Secessionists And Populists: Across The Pond And Back Again
The stamina of the secessionists and the propitiation of the populists…
And To All A Good Night.
Don’t forget the eggnog.
‘More Misery’: Stocks Dive In Spain As Catalonia Persists In Fantasy It Is Independent State
Treasonous bastards are back.
Going To The Mattresses.
“How bad do you think it’s gonna be?”
Feelin’ Good In The Periphery As Bonds, Stocks Rally – Catalan Leader Nowhere To Be Found
Looks like all of that defiance dried up pretty quick.
Back To The Future.
It was a good day for the “future.”
Catalan Parliament Votes To Declare Independent State
CATALAN PARLIAMENT VOTES TO IMPLEMENT INDEPENDENT STATE
Now back to your regularly scheduled rally.
Spanish Stocks Soar On ‘Good’ Catalonia News
“Theyâ€™re caught in a mousetrap. It seems their own decisions are producing vertigo.”
Spain’s Rajoy To Remove Treasonous Bastards, But Urges Catalonia To Think Of It Less Like A Suspension Of Autonomy And More Like ‘An Opportunity’
“People are removed who put the government outside the law, outside the constitution and outside statutes.”
Fasten your seatbelts.
If Someone Doesn’t Explain Why Stocks Are Lower, You Might Just Have To Buy Gold
In a testament to the fact that, contrary to what Mario Draghi said in Washington last weekend, investors do not in fact believe that stocks can go down as well as up, there’s a mad scramble on Thursday morning to explain what’s going on.
Markets Shudder Across The Globe As Worst Case Scenario Materializes In Spain
Now it gets interesting.
Defiant Catalonia Delivers ‘Invalid’ Response To Spain, Escalating Tensions
It seems like Article 155 is next. As of now, it’s not entirely clear what all that would entail, but the bottom line is that this just moved one step further in the direction of becoming an actual crisis with spillover potential.
‘Good Luck Out There’: Full Week Ahead Preview
Oh, boy. Try to wrap your head around all of this.
Close Your Eyes And Buy.
Don’t worry about the orange man.