Oh No, European Banks Are Doing Something REALLY Weird
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Oh No, European Banks Are Doing Something REALLY Weird
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About this listen
If you are in any way interested in precious metals, you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below:
http://www.monetary-metals.com/Snider/
Several more countries around the world are reporting contractions in GDP even before getting to trade wars and any tariff impacts. The latest cluster around Scandinavia and have European banks overall behaving in very curious ways. So much so, the typically hands-off ECB is writing letters to them and threatening on-site visits to get some answers before the economy really takes its turn.
Eurodollar University's Money & Macro Analysis
Bloomberg Sweden’s Surprise Economic Contraction Boosts Rate Cut Odds
https://www.bloomberg.com/news/articles/2025-05-30/swedish-economy-unexpectedly-shrinks-weighed-down-by-investment
Bloomberg ECB Steps Up Scrutiny of Banks’ Exposure to Private Markets
https://www.bloomberg.com/news/articles/2025-05-30/ecb-intensifies-scrutiny-of-banks-exposure-to-private-markets
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU