They will double down on unlimited liquidity, easing and
negative rates -- financial repression. But after 5 years of no
growth in Europe and all of the cultural problems there, risk will
be faded. Italy is down roughly 40% from highs now. Others will
join it.
All that said, watch for the pockets of hope to create more
significant short-covering rallies.
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They will double down on
Happy Independence Day to Britain! And a big shot across ...
Posted by a_l_ on 24th of Jun 2016 at 09:56 am
They will double down on unlimited liquidity, easing and negative rates -- financial repression. But after 5 years of no growth in Europe and all of the cultural problems there, risk will be faded. Italy is down roughly 40% from highs now. Others will join it.
All that said, watch for the pockets of hope to create more significant short-covering rallies.