Documents tagged "European"
Found 50 documents with this tag
HOUSE_OVERSIGHT_024132.txt
The document discusses global economic data and trends in different regions. In the US, job markets are gradually improving, spending is up, and access to credit remains easy due to a healthy capital position of banks. However, concerns remain about inflation and the economy's ability to withstand stimulus withdrawal. In China, there are mixed views on whether economic data reflects its true state, with some analysts suggesting that it is not as bad as it looks. Meanwhile, in Europe, data has been considered bizarre since the ECB gifted EU banks 650 billion Euros. Despite this, there have been positive signs of recovery, particularly in terms of improving jobless claims and a growing economy. However, concerns remain about the long-term sustainability of these improvements due to rising deficits.
HOUSE_OVERSIGHT_023567.txt
The document discusses the impact of quantitative easing on insurers and pension plans in Europe. It highlights how the European Central Bank's asset purchase programs have led to the insolvency of life insurers and defined benefit pension plans. The author warns that these problems threaten not only the European economy but also the careers of institutional investors. The article suggests that Europe cannot afford policy mistakes like America and Canada, where social dissolution is less likely due to a larger margin for error. The text references the borderless Schengen area and the European Commission president's recent comments about the single currency in relation to the Schengen agreement's failure.
HOUSE_OVERSIGHT_022260.txt
In this email exchange, Vinit Sahni is discussing a plan to stop marketmaking over-the-counter oil options and focus on short-dated Pd options instead due to better liquidity and lower transaction costs. They also mention the potential impact of a Kerry Lavrov meeting and Crimea referendum on markets, as well as concerns about a hard risk off move in markets focused on European equities, copper, EM FX (Turkey, ZAR, Ruble etc) than SPX. The exchange suggests buying WTI calls with 5-day expiry.
HOUSE_OVERSIGHT_019348.txt
In this email chain, Jeffrey E. expresses interest in meeting the leaders of Europe before a possible implosion and offers advice after the meeting. Steve Bannon responds positively to Jeffrey's suggestions and mentions his intention to open a populist fort in Brussels through "The Movement" non-profit foundation. The objective of "The Movement" is to coordinate the populist right for the 2019 European elections, competing with George Soros who has been supporting the Democratic party since 1984.
HOUSE_OVERSIGHT_019338.txt
The document discusses plans for organizing meetings with leaders of countries in Europe and other locations, as well as attending film festivals such as Venice, Toronto, and New York. It also mentions a movie called "American Carnage" and a person named Emmanuel, who financed the film. The main topic appears to be arranging for Steve Bannon to have one-on-one meetings with various leaders.
HOUSE_OVERSIGHT_019321.txt
This is an email conversation between Steve Bannon and Jeffrey E. regarding a film called "American Carnage". The film was produced by Emmanuel and stars Erroll. It has been accepted to the Venice, Toronto, and New York Film Festivals but will not be shown at Telluride. They discuss organizing meetings for Bannon with leaders of countries and how he might appear as an outsider if he doesn't spend time in Europe. Hicks is mentioned, and it seems that Bannon may have been involved in the 9th Circle or House Oversight 019321. Benjamin Harnwell also responds to Jeffrey E.
HOUSE_OVERSIGHT_019312.txt
The document discusses Steve Bannon's plans to establish a non-profit foundation called The Movement in Europe with the goal of coordinating the populist right for the European elections in spring 2019. Bannon aims to compete with George Soros, who has spent billions on supporting human rights through NGOs. The email conversation between Jeffrey and Steve discusses their plans and the challenges they will face in executing them.
HOUSE_OVERSIGHT_019308.txt
The document discusses Steve Bannon's efforts to create a populist movement in Europe through his non-profit foundation called The Movement. He is coordinating with right-wing leaders such as Salvini and Orban, aiming to compete against the influence of George Soros in the 2019 European elections. Bannon was previously a key strategist for Donald Trump's presidential campaign but left following the controversy over racial violence in Charlottesville.
HOUSE_OVERSIGHT_014972.txt
The document discusses equity volatility insights with a focus on the European Union and United States' equity markets. It suggests monetizing correlation through EU bank dispersion and extracting alpha from summer SPX range as policy and positioning create a "collar" equities. The report also recommends buying in-the-money down and out puts on the S&P, and position for greater dispersion in EU bank sector returns by buying a Dec17 call on an equally-weighted basket of Santander, BNP, ING, Intesa, and Deutsche Bank while selling worst-of calls. The report emphasizes that monetary policy is likely not supportive of substantial equity upside but the "Yellen put" still exists with a lower strike.
HOUSE_OVERSIGHT_014460.txt
The European Equity Strategy report outlines key takeaways and predictions for the year ahead. Key topics include reflation, EPS growth, defensive vs cyclical rotation, political risk, valuation overhangs, ECB reversal on QE, and potential market highs. The report recommends a more balanced approach to investing and cautiousness regarding UK domestic Retail and Travel sectors. It predicts high single-digit upside for European equities, but also notes that politics could weigh near term. Additionally, the report suggests that modestly higher yields and higher equities are compatible as long as inflation breakevens do not fall.