Italy’s populist coalition is back on, and a collision between Brussels and Rome has been postponed. But hostility to the euro will grow.
Articles written by Andrew Van Sickle
Donald Trump’s tariffs on steel from the EU, Canada and Mexico are bad for the US economy or the global economy, and will lead to retaliatory tariffs that will cause further damage.
Gold has slipped by 5% or so from January’s 17-month high and now costs about $1,300 an ounce.
Turkish banks and companies owe approximately $150bn to foreign creditors, mostly European banks, which could cause big problems in the event of a default.
Economic growth dipped in all major economies in the first quarter, even slipping below zero in Japan.
Italy’s president blocking the government’s choice of finance minister will mean fresh elections – which could easily turn into a referendum on Europe.
The big story in the markets this year has been the sharp jump in the oil price. The story of 2019 could be how it came back to earth with a bump.
US earnings have had their best quarter since 2010, when they were bouncing back from the financial crisis.
UK blue-chip stocks are surging ahead. But the FTSE 100 offers a tasty yield and remains very reasonably priced compared with its major counterparts.
The next financial crisis could start in corporate bonds, as credit quality has deteriorated over the past few years and decades.