This Chart Definitely Doesn’t Show The ECB Rescuing France
“That’s just not how it works.”
“That’s just not how it works.”
Ok, so who’s ready for next week? That’s right, today’s Sunday which means tomorrow is
“We’ve heard comment running the gamut from “everyone is petrified†to “should be a happy time for risk.â€
“Should a synchronous recovery take hold, we believe dollar weakness would be bullish for USD oil prices. While micro supply/demand fundamental oil balances still point to higher oil this summer, oil could soon sing “Vive la Franceâ€. We retain our $70/bbl end-of-June target for Brent.”
The “funny” (I mean, it’s not really “funny”, but it kinda is at the same
“Young people are in revolt,†says Ms Dieulafait. “We have had 50 years of right and left, and look at the millions of us that are unemployed, living in poverty, without stable jobs or housing . . . it’s time for a change in the system, it’s time for Marine.â€
Well here we are, one day on following a setback for European populism, and as
Lest it should slip your mind that for every “success” Trump has, the odds of a French electoral “accident” increase, consider once again the disconnect between asset prices and policy uncertainty in Paris as illustrated here by HY spreads versus the EPU…
Tired of sticking around in OATs as spreads to bunds balloon and Marine Le Pen’s chances of becoming President tick higher taking us ever closer to a French redenomination event and subsequent €1.7 trillion sovereign default?
“This weekend was an all-out, run-for-your-life affair.” That’s from Yves-Marie Cann, head of political studies at
“Exiting the euro, presidential candidate Marine Le Pen’s project, would ruin France, Bruno Le Maire, adviser of French Republican candidate Francois Fillon, says on Europe 1 radio.”
The market will render its own judgement…
Trump-Vance. That’s the ticket. To where I don’t know. Like a lot of Donald Trump’s
The world’s largest economy just turned a corner. The latest CPI update out of the
“He is our president, he is our nominee and he will be our president again
“I believe this country is safer, stronger and more secure than it was 20 months
Over the past few weeks, several readers have written to inquire as to my overall
Headline inflation in Europe resumed its downward trek in June while core price growth loitered
If you’re not into politics, it’ll be an arduous week. Headlines in the days ahead
When is the US government’s third try at estimating aggregate economic activity worth mentioning? That’s
It’s hard to feel “bad,” as such, for Emmanuel Macron. He not a terribly sympathetic
“Ominous signs.” Marko Kolanovic sees them. It’s been a long 18 months for bears. I’d
Say congratulations to the UK: Inflation’s back to 2%. Headline CPI matched the Bank of
US equity funds took in another $6.3 billion on net over the latest weekly reporting
Americans tend to take US “exceptionalism” in all its various manifestations for granted. Rarely do
I hope Emmanuel Macron knows what he’s doing. Really I do. On Wednesday, during a
If you were wondering, JPMorgan’s cross-asset strategy team is still cautious on equities. That probably
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