Stock investors stopped freaking out over interest rates. Now they’re eying
this risk.
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Investors appear to be doing a lot less hand-wringing over higher interest
rates lately, but plenty of market risks are still coming up on the horizon.
26 minutes ago
Unfortunately this process is going too slowly for markets and too quickly for the politicians and their electorates, according to Aranda-Hassel, who believes the markets are overlooking the fact that fiscal union has two aspects.
ReplyDelete“The first—mutualization of national sovereign risk—is clearly a concern. But, by political necessity, it must evolve behind the second: the transfer of sovereignty from national governments to the federal EU level,” Aranda-Hassel said.