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
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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
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$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.