What does this mean for capital flows? Euro should weaken, but it ain’t!
ECB timid and waaaay behind the curve.
What does this mean for capital flows? Euro should weaken, but it ain’t!
ECB timid and waaaay behind the curve.
The policy divergence between the U.S. & Germany is widening. The gap between U.S. & German 2-year yields is at the highest since 1999. pic.twitter.com/tjdCjERxDw
— Lisa Abramowicz (@lisaabramowicz1) November 20, 2017
In economics, things take longer to happen than you think they will, and then they happen faster than you thought they could.