Europe’s Worsening Fiscal Space
Europe’s fiscal outlook appears in some ways worse today than in March 2012, potentially raising the prospect of financial shocks and higher credit default risks.
Europe’s fiscal outlook appears in some ways worse today than in March 2012, potentially raising the prospect of financial shocks and higher credit default risks.
An analysis of recent search volume shows that Brexit may affect assets related to longer-term economic effects more than assets tied to monetary policy.
Respondents to a Two Sigma poll of sell-side professionals ranked a China hard-landing as their top concern, but they see a market liquidity event as the most immediate threat.