Germany is worrying, especially with an ECB that seems to be reactive rather than proactive
Rest of Europe is also showing signs of weakening economies
The fact that this major central bank, 10 years after the financial crisis, can't even raise rates to ZERO without risking collapsing the system is beyond embarrassing and a reflection of how weak the financial system actually is. They can barely keep it together. hours ago
$DAX is below the 2015 highs, has broken the 2009 trend, built a bear flag which broke down all the while yields are collapsing and now they want to cut rates again with a ECB balance sheet at 40% of Eurozone GDP? Just stop.
Edited by dTraderB, 08 August 2019 - 07:12 AM.