…concentrated its purchases toward long- maturity bonds. These measures created an extreme scarcity effect in long-term German bunds, as investors scrambled to buy today for fear of even lower interest rates tomorrow. In response, German 10-year rates fell to an all-time low of -...
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From: Steve Bannon Sent: 3/11/2018 7:47:49 PM To: jeffrey E. [[email protected]] Subject: Re: Filed: German Media Confess to Underestimating Steve Bannon; He Is 'As Dangerous as Ever' Importance: High Pretty powerful On Mar 11, 2018, at 8:42 PM, jeffrey E. <jeevacation@gmail....
… large cap growth stocks and rising corporate profits are patiently waiting for both of them to end The third concern: Germany as paymaster. We are often told that Germans across both major parties are unflinching supporters of the European project, and will do whatever it takes...
…rom: Sean Bannon Sent: 3/11/2018 8:08:31 PM To: jeffrey E. [[email protected]] CC: Steve Bannon Subject: Re: Filed: German Media Confess to Underestimating Steve Bannon; He Is 'As Dangerous as Ever' Importance: High Roger that. Thanks for having us today. Sent from my iPhone...
From: Sent: To: Subject: Steve Bannon 3/11/2018 8:07:21 PM jeffrey E. [[email protected]] Re: Filed: German Media Confess to Underestimating Steve Bannon; He Is 'As Dangerous as Ever' Importance: High Don't worry All good On Mar 11, 2018, at 9:05 PM, jeffrey E. <jeevacation@g...
…licymakers were trying to get out in front of things. In exchange for a modest amount of “private sector involvement”, Germany agreed to more generous financing terms for Greece, Ireland and Portugal, and an expanded role for the EU-IMF lending facility (see following page). Wh...
…political risk premium is priced out against a solid European and global growth backdrop. More of the same expected in Germany We think Germany carries less political risk than the French election now that Merkel has formally announced she will run again to be Chancellor. As a...
…win as the biggest political risk event for European (and possibly global) equity markets in 2017. By 22 October 2017: German Federal elections Current Chancellor Angela Merkel has announced that she intends to stand for re- election. Current polls have Merkel’s CDU ahead follo...
…r must locate his own source of higher command and inner belief. He laments the efforts of US President Barak Obama and German Chancellor Angela Merkel in the teeth of contemporary challenges. “There is nothing preordained about American decline any more than the European projec...
…pe. The support for populist parties has increased to varying degrees in Spain, Greece, Italy, France, the Netherlands, Germany and Austria. The common themes among populists have been anti-immigration and anti-European Union. Outside the Eurozone, the 2016 Brexit vote in Great B...
From: Steve Bannon Sent: 3/11/2018 7:47:49 PM To: jeffrey E. [[email protected]] Subject: Re: Filed: German Media Confess to Underestimating Steve Bannon; He Is ‘As Dangerous as Ever’ Importance: — High Pretty powerful On Mar 11, 2018, at 8:42 PM, jeffrey E. <jeevacation@g...
gets close to some expensive episodes in German history. If German citizens were faced with costs this high
The third concern: Germany as paymaster. We are often told that Germans across both major parties are unflinching supporters of the European project, and will do whatever it takes to prevent a break-up. The objections from members of the Bundesbank are described as lonely voices...
…eral rates weighted by population 41 18% rie — Greece, Ireland, Spain & Portugal 16% 105. 14% 100 17% i 10% od B% 85 G% Germany ad Ao, a aa 2007 2008 2009 2010 2011 0% aa ae ; Source: INE, CSO, ISTAT, NSS, Eurostat, Bundesbank, J.P. Morgan Ve7O gf TOG 188 TO 1D ZO aT Securities L...
…would not end in a bloodbath. We had the mind-set, the background, the training and now the experience. I also knew the German military had no special-forces unit. ’'d have been even more worried if I had known that German law barred the army from operating in peacetime. That mea...