Epstein Secrets

n other advanced economies as well. Germany's general election appears likely to produce a repeat of the current government coalition of Chancellor Angela Merkel's Christian Democratic Union and the Free Democrats, with opinion polls suggesting that a grand coalition between the CDU and the Social Democrats

urrent government coalition of Chancellor Angela Merkel's Christian Democratic Union and the Free Democr

y to recent peaks above 2.9% — has been driven by market fears that the Fed will taper QE too soon and too fast, and by the uncertainty surrounding Bernanke's successor. So far, investors have been complacent about the risks posed by the looming budget fight. They believe that — as in the past — the fi

. Italian voters rejected both Europe's main response to high government debt — cut spending, raise taxes — and a major rebuke to German Chancellor Angela Merkel, who was the main architect of the austerity policies. The resentment of austerity is no mystery. The Italian economy has contracted for six consecu

— and a major rebuke to German Chancellor Angela Merkel, who was the main architect of the austerity poli

illing of Federal Reserve Chairman Ben Bernanke about the risks and fairness of having banks that are "too big to fail." Warren (D-Mass.) questioned Bernanke during his latest semiannual appearance before the Senate Banking Committee to discuss the economy and monetary policy. Warren pressed the Fed chai

n to worsen despite rate cut Independent • Will Angela Merkel have to choose between Germany and Europe? Telegr

rsen despite rate cut Independent • Will Angela Merkel have to choose between Germany and Europe? Telegr

, Earnings (AES, APA, CVC, DF, PCP, WIN, XRAY, CFN, NVDA) EFTA00390878 Friday: Treasury Budget Statement, G8 Fin Min / central bank meeting (UK), Bernanke speaks at Chicago Fed conference, Earnings (BECN, TRLG, ADEP) Key Events on the Horizon May26/27 — Mayoral elections in 720 cities across Italy J

as new CEO effective June 18 est +0.0%) EFTA00411519 Moody's downgrades 7 German & 3 Austrian banks (Deutsche Bank review still not concluded) Merkel adviser Franz says Spain should urgently approach the ESM for funding to recap banks Senior CDU official does not see current EFSF rules allowing i

lard of the mindset that there is still time to monitor the situation. Yellen comments tonight in Boston (7pm) will also be closely watched ahead of Bernanke's JEC testimony tomorrow. Hilsenrath article in WSJ< mod=WSJ_hp_LEFTWhatsNewsCollection> says the Fed will consider more action at its upcoming m

e speaking tomorrow morning at 9am in Nashville). Merkel & Monti meeting today @ 12pm EST followed by a n

XY $79.92 (+3c) Crude $106.93 (+59c) Gold $1699.70 (-10c) Silver +0.66% FOMC statement this afternoon (no big changes expected to message and no Bernanke press conference afterwards but he will be speaking tomorrow morning at 9am in Nashville). Merkel & Monti meeting today @ 12pm EST followed by a ne

n Q2 profit (raised FY eps outlook) (trading +1.5%) Marvell Q2 revs & eps missed (gross margins fell) (citing global eco weakness) (trading -10%) Merkel says Germany backs Draghi on the conditions for ECB help (in Canada yesterday) GM seen planning global reorganization tackling "fiefdoms" according

the Horizon August 27-30 - Republican National Convention (Tampa, FL) August 31-Sep 1 - Fed's Annual Economic Policy Symposium in Jackson Hole, WY (Bernanke speaks Aug 31 @ 10am, Lagarde speaks Aug 31 @ 2:30pm, Draghi speaks Sep 1 @ 12:25pm) September 3-6 - Democrat National Convention (Charlotte, NC)

” Second, to what extent will the rise of populism influence policies in the Eurozone? Here, Germany will probably provide a litmus test. Chancellor Angela Merkel and her coalition government are likely to respond to recent terrorist attacks there by proposing a stronger police and military presence, according

rorist suspects have already been arrested among them.°* With German elections scheduled for September 2017, it remains to be seen whether Chancellor Merkel will adjust her immigration policy. 28 | Goldman Sachs | JANUARY 2017 HOUSE_OVERSIGHT_014561 --- PAGE BREAK --- While populism is on the rise and

for September 2017, it remains to be seen whether Chancellor Merkel will adjust her immigration policy. 28 | Goldman

d the US wars in Afghanistan and Iraq. It had already reached current levels before the global financial crisis. Former Federal Reserve Chairman Ben Bernanke has named traumatic national shocks such as 9/11 along with political polarization and “shrill” political debates as possible culprits of the contrad