In this interview we comment on the extent of the eurozone bond bubble:
Category Archives: Europe
Spain: IMF Highlights Rising Risks
The International Monetary Fund can be criticized for many things, but its analysis of countries’ debt risk tends to be worth a read.
In this case, the International Monetary Fund has once again warned Spain of the risk of reversing reforms and increasing imbalances. Continue reading Spain: IMF Highlights Rising Risks
Five Charts That Show The Eurozone Slowdown
This post should be called “Five Charts And A Warning“.
- Manufacturing PMI fell to the lowest level since December.
Continue reading Five Charts That Show The Eurozone Slowdown
Italy’s Problem Is Not The Euro, It’s Political Spending.
The Italian government has created another massive turmoil in European markets with its 2019 budget proposal.
With a huge increase in spending, it estimated a deficit of 2.4% for 2019 compared to its previous target of 0.8% and the 1.6% announced by the finance minister. Continue reading Italy’s Problem Is Not The Euro, It’s Political Spending.