The Eurozone Weakness: Much More Than Covid
If we looked at most investment bank outlook reports for 2021, one of the main consensus themes was a strong conviction on a rapid and robust eurozone recovery. They were
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The Eurozone Slowdown Is Leading The Global One Slowdown
Authored by Daniel Lacalle, One of the most repeated messages among European financial analysts this week is this: “we are in a global slowdown”. However, the sentence hides important nuances and very
Threat of Contagion to Eurozone from Spanish Banks’ Huge Bet on Emerging Markets: UBS
Spanish banks expanded aggressively into Emerging Markets to flee the consequences of the euro debt crisis. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. UBS has alerted that Spanish banks’ outsized
No relief for Eurozone bank, which have to pay almost €8bn due to neg rates?
via @Schuldensuehner: #ECB officials lack enthusiasm for any revamp of their negative-interest rate tool and some doubt it will actually happen. www.bloomberg.com/news/articles/2019-04-16/ecb-officials-are-said-to-lack-enthusiasm-for-sub-zero-tiering …
The Eurozone slowdown is not temporary, not due to trade wars or even seasonal.
via @dlacalle_IA: Now we start to see the late-cycle economies weakening faster (Spain).
Big Old Problem Just Re-Erupted on Eurozone’s Southern Flank
Italy’s fiscal health is once again in serious decline. By Don Quijones, Spain, UK, & Mexico, editor at WOLF STREET. On Wednesday, Italy’s coalition government slashed its growth forecast for the Italian economy in
Farage Interview on the Collapse of Eurozone
by Martin Armstrong Nigel will be speaking at this year’s World Economic Conference in Rome. Click here for details.
Investment case „forced mergers“? Not sure. As a trade, Eurozone banks do look interesting…
Investment case „forced mergers“?Not sure. As a trade, Eurozone banks do look interesting… pic.twitter.com/ajMCk0YqxY — D.Schrottenbaum, CFA (@David_Schro) March 19, 2019 10 year Bund yields. The H&S still in play
19 Days From Total-Chaos, No-Deal Brexit, Push to Keep UK in Eurozone Intensifies
via CNBC: Brexit could be reversed if lawmakers reject the government’s exit deal, British foreign minister Jeremy Hunt said on Sunday after two major eurosceptic factions in parliament warned that
“New Economic or Financial Crisis” in the Eurozone Could Start in Italy: French Government Frets
While contagion is definitely contained, the Eurozone “is not sufficiently armed to face a new economic or financial crisis.” French banks are heavily exposed to Italy. By Don Quijones, Spain, UK,
Eurozone Warning: EU Banks Panic at Huge Italy Debt
BANKS in France, Germany and Belgium are most at risk of contagion from Italy’s deepening debt crisis, new data has revealed. Domestic banks in the Mediterranean nation are already encumbered
As Goes The Germany Economy, So Goes The Eurozone
by Claudio Grass via Claudiograss.ch Until recently, Germany has been the seemingly unbreakable workhorse that has pulled the European economy back from the brink and kept it ticking along through a myriad of
Alasdair Macleod: The Eurozone Is In A Danger Zone
by Alasdair Macleod via Mises Wire It is easy to conclude the EU, and the Eurozone in particular, is a financial and systemic time-bomb waiting to happen. Most commentary has focused on problems
Salvini Getting Ready to Leave Eurozone, Europe is Dying – Yanis Varoufakis
Salvini is getting ready for a “serious step” which is “leaving the Eurozone”, while Macron’s plan has “collapsed” due to a “colossal mistake”; and Europe is “turning towards fascism.” This