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Germany is clearly another country that has benefited from the flight to safety of money. I wish I had thought of that a bit earlier.
It isn't the safety of money - it's Draghi burning the Euro.
Exactly. Germany publicly deplores a cheap Euro, but in reality benefits from it enormously. The DAX loves the cheap Euro.
The recent carry trade has been short Euro and long the most Euro bourses since the ECB announced QE.
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Germany is clearly another country
German DAX Daily
Posted by jroger on 15th of Mar 2015 at 02:31 pm
Germany is clearly another country that has benefited from the flight to safety of money. I wish I had thought of that a bit earlier.
It isn't the safety of
Posted by a_l_ on 15th of Mar 2015 at 06:59 pm
It isn't the safety of money - it's Draghi burning the Euro.
Exactly. Germany publicly deplores a
Posted by puma on 15th of Mar 2015 at 11:26 pm
Exactly. Germany publicly deplores a cheap Euro, but in reality benefits from it enormously. The DAX loves the cheap Euro.
The recent carry trade has
Posted by steve on 16th of Mar 2015 at 09:05 am
The recent carry trade has been short Euro and long the most Euro bourses since the ECB announced QE.