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Euro Banks: Dead Men Walking

Summary:
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 Share this:Like this:Like Loading...

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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.

Euro Banks:  Dead Men Walking

Euro Banks:  Dead Men Walking

Source: The Market Ear

Gregor Samsa
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