#poveraItalia
The situation in Italy is always serious, but rarely hopeless. Draghi is definitely leaving as Prime Minister of Italy. After President Mattarella initially refused his resignation, the last [...]
The credibility dilemma
With an interest rate increase of half a percent, the ECB is once again surrendering some of its credibility. From now on, the ECB will also be guided by economic data and the central bank will [...]
The Most Predicted Recession Ever
It is remarkable how many sides are predicting a recession, while such a recession has obviously not yet been factored into the share prices. Even in the first week of the number season, in which [...]
King Dollar
Parity This morning, for the first time in 20 years, it was possible to buy a euro with a single dollar. A one-to-one exchange rate is known in the financial world as parity. At the turn of the [...]
Exit Boris Johnson
Boris Johnson’s departure from Downing Street 10 seems inevitable, though you never know with Boris. Johnson, of course, was the Prime Minister who campaigned on ‘Get Brexit [...]