HOLY SH*T: Something Big Is Happening To European Banks

European banks are not acting like either inflation is breaking back out or that the economy is going to be fine and hit its widely-expected soft landing. Instead, what they are doing is the other side of the weak euro. Both are further corroborated by the latest from France and especially Switzerland, with another warning coming from the Swiss on more than "inflation."

Eurodollar University's Money & Macro Analysis

Bloomberg Traders See Euro Hitting Dollar Parity as Soon as This Month
https://www.bloomberg.com/news/articl...

Bloomberg French Government Tempers Budget Goal to Shelter Economy
https://www.bloomberg.com/news/articl...

Reuters Swiss inflation falls again, pointing to more central bank rate cuts
https://www.reuters.com/markets/europ...

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