Global stocks rallying after Italian coalition government makes concessions to EU and US Fed Chairman Powell calls outlook for domestic US economy “remarkably positive”

by QuantalyticsResearch US Stocks Global stocks are rallying this morning following news that the Italian coalition government is seeking a lower budget deficit after CY2019 & positive comments made by US Fed Chairman Jerome Powell about the outlook for the US …

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EU Bigwigs Nullify Italian Election

https://www.youtube.com/watch?v=GcdaRBCxdCg Good afternoon. I’m still reporting on the coup — in Italy. Here’s Tucker’s take: [insert] The reason the incoming finance minister was alarming to markets and investors was because he was likely going to withdraw Italy from the Euro …

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Hilarity in NIRP Zone: Italian 2-Year Yield Still Near 0%, as New Government Proposes Haircut for Creditors and Alternate Currency, Markets on “Knife Edge”

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The ECB’s Negative Interest Rate Policy has been the funniest monetary joke ever. The distortions in the European bond markets are actually quite hilarious, when you think about them, and it’s hard to keep a straight …

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