Europe’s Bailouts Risk a Full-Blown Financial Crisis
The measures implemented by governments in the eurozone have one common denominator: a massive increase in debt from governments and the private sector. Loans…
Read MoreEconomic Cycles
The Chain Reaction Is Now In Process
Much has been written about the economic consequences of Covid-19, yet, just as in many of the analyses of the Great Depression and the…
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After the flood – Beyond fiscal and monetary intervention
Monetary and fiscal stimulus to ameliorate the effect of the pandemic has exceeded $9trln Stock markets have recovered, although most are below their…
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Not Just Retail: Hedge Funds Flood Into Stocks; Net Leverage Highest In Over Two Years
From Tyler Durden at Zero Hedge On Friday we officially entered the blow-off top phase of the current meltup: between a record surge in Nasdaq volume……
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Mario Draghi’s Economic War Against COVID-19
by Elisabeth Krecké On March 25, 2020, with the world economy paralyzed, Mario Draghi emerged into the spotlight for the first time since stepping…
Read MoreUnintended consequences of monetary inflation
“In short, the Fed is committed to rescue businesses from the greatest economic catastrophe since the great depression and probably even greater than that,…
Read MoreHow to maintain a bull market after coronavirus
Everyone thinks they know the cause and effect of the Federal Reserve’s response to crises such as 2008 and 2020. The Fed prints money to buy…
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Can UK Banks Pass the COVID-19 Stress Test?
Eumaeus is pleased to release our report Can UK Banks Pass the COVID-19 Stress Test? on the dire state of the UK banking system as the…
Read MoreIt’s Only Paper
The response to the virus has added a new mechanism of capital consumption to the many we have documented over the years. Businesses…
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A Rose by Any Other Name – Corona Bonds and the Future of the Eurozone
A European fiscal spending package worth Euro 540bln has been agreed Eurozone bonds have crashed and recovered Corona Bonds have been found unnecessary…
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