The Global Backdrop Is Bananas By Michael Every of Rabobank The market focus is this week’s confluence of Fed, BOJ, and BOE meetings. However, if you think there is room for uncertainty there, consider the global backdrop which they operate in – which is bananas, both in terms of the headlines and the banana skins it presents for policymakers. In Europe, it’s ongoing sabotage in France and Germany, and self-sabotage in Brussels. EU trade negotiators are planning for a ‘tariff-ic’ Trump presidency by offering a quick deal to buy more –(checks notes) “lobsters”– to put a dent in the vast… — Continue at ZeroHedge News : Read More
