Canada. France. Germany. What do they have in common? Central banks in each are cutting rates. Also, their governments have either collapsed or, Canada, about to. Why? Same reason there are rate cuts. It's not ideology nor really partisanship. It's the economy, stupid.
Eurodollar University's Money & Macro Analysis
CNBC Canada finance minister quits after clash with Trudeau, deals blow to government https://www.cnbc.com/2024/12/16/canada-finance-minister-quits-after-clash-with-trudeau-deals-blow-to-government-.html
Toronto Sun Trudeau says economy is great, Canadians can see truth https://torontosun.com/opinion/columnists/trudeau-says-economy-is-great-canadians-can-see-truth
Bloomberg French Growth Prospects Slow as Political Uncertainty Weighs https://www.bloomberg.com/news/articles/2024-12-16/france-s-growth-prospects-weaken-as-political-uncertainty-weighs CNBC France’s new prime minister gets a baptism of fire after surprise Moody’s downgrade https://www.cnbc.com/2024/12/16/frances-new-prime-minister-installed-hours-before-moodys-downgrade.html
NYT German Government Collapses at a Perilous Time for Europe https://www.nytimes.com/2024/12/16/world/europe/germany-confidence-vote-scholz-snap-election.html
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