Stress Test

Beware Trump Tweets, And Other Major Catalysts In 2017 According To JPMorgan

In the latest macro update from JPM's Adam Crisafuli, the strategist writes that the Trumpflation rally which more than doubled the market's YTD gains since the Trump election, has gotten ahead of itself and that "it seems like a lot of headwinds that have been accumulating below the surface for weeks are quietly moving to the fore."

Italy Slams ECB For Revealing It Has A "Bank Run" Problem

"It would have been useful, if not kind, to have a bit more information from the ECB about the criteria that led to this assessment," Italy's economy minister Pier Carlo Padoan told Il Sole 24 Ore, as he slammed the ECB. "I was a bit surprised to receive the news, out of the blue and on Christmas day."

Dave Collum's 2016 Year In Review - "And Then Things Got Really Weird..."

"Markets don’t have a purpose any more - they just reflect whatever central planners want them to. Why wouldn’t it lead to the biggest collapse? My strategy doesn’t require that I’m right about the likelihood of that scenario. Logic dictates to me that it’s inevitable..."

GoldCore's picture

The people who are likely to win the next election want to take Italy out of the euro and replace the euro with their own currency, the lira. Unfortunately for the EU, if Greece was a tricky issue to deal with, Italy is — in economic terms — a massive Greece …