MarketWatch (February 17)
“A trillion-euro market” is arising as Europe wakes up to the end of “the post-Cold War international order with its security bargain.” The result could be “a bond market powerhouse that threatens U.S. Treasurys.” Europe now looks to be moving toward “a Eurobond market exceeding €1 trillion. This includes approximately €650 billion from the coronavirus era, €95 billion for Ukraine and several hundred billion euros from new defense facilities and national borrowing enabled by fiscal exemptions.”
Tags: €1 trillion, Cold war, Coronavirus, Defense facilities, Eurobond market, Europe, Exemptions, International order, Powerhouse, Security, Treasurys, U.S., Ukraine
Time (September 27)
“The latest move in a sweeping tariff agenda that has roiled global markets and touched various sectors of the economy, as well as Americans’ wallets,” begins with the imposition of tariffs on branded pharmaceuticals (100%), kitchen and bathroom cabinets (50%), upholstered furniture (30%), and semi trucks (25%). Though “Americans could see an uptick in some prices,” this could be limited by exemptions, as well as the existing or expanding U.S. presence of major producers.
Tags: Branded pharmaceuticals, Cabinets, Economy, Exemptions, Furniture, Global markets, Prices, Roiled, Sectors, Semi trucks, Sweeping, Tariffs, Uptick
