"Keep watching credit spreads and European banks. Both risks have ramped up abruptly in recent days," h/t @hussmanjp pic.twitter.com/rwnCDP0rvg
— Alastair (@StockBoardAsset) May 31, 2018
The ECB has been the only real buyer of Eurozone bonds this year.
And bond yields still soared.@EconPulse pic.twitter.com/iIapceXmH3
— Daniel Lacalle Official Account (@dlacalle_IA) June 1, 2018
Toxic debt shoved under the carpet… bought by the ECB… and soon (via the SBSS) part of it will also be securitized… while still, NO Euro Area Common Fiscal Policy, NO Banking Union… but some version of it that suits the interests of some…
New Italian government? ✔️
New Spanish government? ✔️
Trade war between the US and Europe, Mexico and Canada? ✔️
Deutsche Bank downgraded to a B-handle? ✔️ pic.twitter.com/a3C1j0PqF6— zerohedge (@zerohedge) June 1, 2018
HS
Got a news tip or correction? Let us know
If you got something out of this, please chip in to keep this site running, or subscribe to go ad-free.
2 views