28 Aug 2023
Get ready for 0DTEs, Europe
Source: Markets Mayhem, Bloomberg
24 Aug 2023
EU Composite PMI... monetary policy works with a long and variable lag...
Source: Macrobond, Nordea
10 Aug 2023
In a stunning move, reminiscent of the first few months of Putin's invasion of Ukraine, European NatGas prices exploded a stunning 40% higher YESTERDAY ALONE
This comes as the possibility of worker strikes at some LNG plants in Australia threatens global supply..... This is the biggest daily increase since March 2022. Citigroup estimates EU natural gas prices could double. Meanwhile, oil hit 9 months high and coal is rising as well. The surge of energy prices will make the job of central-bankers more difficult. Source: The Kobeissi Letter, ICE, Bloomberg
28 Jul 2023
The gap in valuation discount between US and European equities has never been wider
Source: TME, Sanford Bernstein
