What crazy markets we have these days! Only the day before yesterday the sell-off because of the Fed, then the euphoria yesterday because of weak US economic data, which would allegedly force the Fed to lower interest rates more strongly after all. But the euphoria was suddenly over when Trump announced in a tweet 10% tariffs on the remaining imports from China from September 1st – now the talks between the two major powers threaten to collapse again. Because China had not been informed before. Tonight the White House has announced that Trump will make a statement on trade with the EU at 5.45 p.m. (German time) – this sounds very much like customs tariffs on cars from the EU! This would open the next front in the trade war.
What is the situation on the markets now? The Fed is helping the Trump government with its purchases of T-Bills to be able to drive its escalating debt policy. At the same time, it is […]
The US indices are trading only four percent below their all-time high. Although the situation on the markets has been substantially clouded. What’s going on? Since May 3rd when US President Trump sent his irreconcilable […]
According to EU data, the stockpile of non-performing loans is declining – Greece has an NPL ratio of 46.9%
According to today’s publication by the EU Commission (with data from the ECB), the non-performing loans quotas in Europe are falling steadily in relation to all the loans granted. In the second quarter of 2017, […]