Euro Banks: Dead Men Walking

These charts are hard to take.   Have you ever seen such dead money investments?

Here’s to hoping that if Jamie Dimon becomes Secretary of Treasury in a Biden Administration — a huge stretch given the rising power of the Democratic left — he never allows negative interest rate policy NIRP (yes, we get it, it’s theoretically the Fed’s job).

Look what NIRP has wrought, or should we say rot in Europe.

Source: The Market Ear

This entry was posted in Banking, ECB and tagged . Bookmark the permalink.

1 Response to Euro Banks: Dead Men Walking

  1. Pingback: This Week’s Best Investing Articles, Research, Podcasts 9/25/2020 - Stock Screener - The Acquirer's Multiple®

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