2min chapter

Forward Guidance cover image

The Energy Trade Has Gone Too Far | Jared Dillian

Forward Guidance

CHAPTER

The European Central Bank's Balance Sheet Isn't the Answer to Sovereign Euro Spreads

Sovereign euro spreads in Italy and Greece are going to widen out to 70 basis points. The European Central Bank, as they did in 2011, can narrow those spreads by with their balance sheet. There really is no limit to doing that in the same way that the Fed did in March of 2020,. It's all made up, right? "It doesn't mean that like that Europe isn't checkmate"

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode