It looks like UK Banks are ready to go first https://t.co/A3kadllQJn
— JustDario 🏊♂️ (@DarioCpx) January 8, 2025
European banks are not acting like either inflation is breaking back out or that the economy is going to be fine and hit its widely-expected soft landing. Instead, what they are doing is the other side of the weak euro. Both are further corroborated by the latest from France and especially Switzerland, with another warning coming from the Swiss on more than “inflation.”
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