STRC Is Junk Credit In A Bitcoin Costume, And Retail Is Holding $8.8 Billion Of It

President Trump has said he’s undecided on moving forward with a massive $14 billion package of arms deals for Taiwan following his visit to Beijing and talks with Chinese President Xi Jinping. “I’ll make a determination over the next fairly short period. I’m gonna make a determination,” Trump told reporters on Air Force One as […]

Housing Cost Pressure Varies Widely Across The EU Housing affordability in the EU has an uneven spread across the continent according to data from Eurostat. As Statista's Jack Lillis details below, the share of people whose housing costs exceed 40% of disposable income ranges from as low as 2.4% in Cyprus to as high as 28.9% in Greece. The EU 27 average stands at 8.2%, but this figure masks significant disparities between countries. You will find more infographics at Statista After Greece, Turkey appears among the most heavily burdened, while countries like Finland, Sweden, and...

B200s Or B-2s? By Bas van Geffen, senior macro strategist of Rabobank Concerns about the Middle East continued to dictate markets yesterday. The Strait of Hormuz remains closed, and there were no signs that this will change soon. Oil prices rose further. Dated Brent jumped 5% on the day to top $111. Alongside the rise in benchmark energy prices, yields increased too. 10y US Treasury yields closed around 5bp higher, and 10y German Bund yields rose 6bp to 3.1%, dragging broader EUR yields up. Equities struggled. European bourses closed around 1.5% lower,...