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European Markets , Economy

“Last time it was banks; this time it is governments.”

by Murray Gunn
Updated: June 19, 2019

There is only ONE thing that matters in global financial markets.

It's not the macro-economic factors. It's not interest rates. It's not politics. It's not war, or peace.

What is it?

You'll find the answer in this excerpt from our June 17 European Short Term Update. Editor Murray Gunn goes back to the 2007-2009 financial crisis to find his evidence.

He sums it up in the quote you see in the title.

Discover more in this eye-opening essay.

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