Last quote by Holger Schmieding
Holger Schmieding quotes
The BOJ's move is interesting and innovative but the euro zone doesn't have a single sovereign debt market, it has 19, so such a move would be difficult and get the ECB into hot water.
The fact that the UK avoided an immediate crisis does not tell us much about the future.
Brexit? What Brexit? In the rest of the EU, the repercussions of the Brexit vote have been rather mild.
This is not a Lehman. It is a significant re-pricing, but financial markets are not seizing up.
Any conflict between a major stakeholder (Germany) and top management (at the ECB) carries risks.
Germany's domestic fundamentals remain solid. (But) we need to watch the situation in Ukraine, Russia and Iraq carefully.
Alarm bells should be ringing for France.
Among the six euro zone countries with a AAA rating, France achieves by far the lowest ranking in the study's fundamental health check. The results are too mediocre for a country that wants to safeguard its place in the top league.