2023 Pickup of the trade workshop
2023 Resumption of trading operations. A look back at past positions, their outcome and an outlook for the upcoming year.
A disagreeable blog about Finance
A disagreeable blog about Finance
EU and its unified currency
2023 Resumption of trading operations. A look back at past positions, their outcome and an outlook for the upcoming year.
We got earnings for $AMZN and $AAPL. And with that the best part of earnings season is behind us. What happened?
In case you were scouting for a piece of good news, this isn’t it. The scale of the damage which is ripe to be unleashed on the crippled European Union makes the crash of Lehman Brother in 2008 pale in comparison.
No, Italy is not under heavy attack. At most, this qualifies as a mild attack.
The ECB did finally outline how the TPI is supposed to to work. I have read all that, and it’s a bunch of good intentions. Bet let’s dig deeper.
The Euro is a necessary concept. But it is also a flawed currency.
A breaking point for the monetary union exists down the line. The question is: how will we get there?
In part 3 of this series, let’s discuss the reason behind the loss of value of the Euro currency, its mending by the means of the ECB’s Spread Control facility, and why that won’t work.
In part 2 of this series we look at the outcome of 10 years of negative interest rates by the ECB. It isn’t good.
In a few days exactly 10 years will be between us and the historic “Whatever it takes” moment, in which Mario Draghi single-handedly saved the European currency, thereby saving both the currency, and Europe as a monetary union. But wait…