BBEU News and Press, JPMorgan BetaBuilders Europe From 05/22/19

There are many here among us who feel that life is but a joke But you and I, we've been through that, and this is not our fate So let us not talk falsely now, the hour is getting late - Bob Dylan I am standing on the Watchtower now. I am peering intently at the European election, w...

It’s been almost three years since the original Brexit referendum passed in a vote that stunned Europe. The British people voted to get out of the European Union, and we’re still waiting for it to happen nearly three years later. At the time of the vote, headlines were blaring Ar...

In late March, as global pessimism was renewed in the world's bond markets, ECB President Mario Draghi appeared as he always does to urge optimism. Yes, Europe's economy in particular didn't finish 2018 as he had been expecting. But a soft patch, Draghi said, wouldn't necessarily " foreshadow ...

Elga explains why politics pose the biggest risk to our base case that European growth should rebound in the second half of this year - and why the European Central Bank's perceived lack of policy options is also a concern. We expect eurozone growth to pick up in the second half of this ye...

Fog in the Channel - Europe isolated So goes an English BBC radio news statement in the 1930s - during the fading days of the British Empire - that showed the disdain the grand elites of Britain towards the minor beings living on the European mainland who had never enjoyed the superior way...

I have had the good fortune to be around here for 45 years now. I think I must be approaching some sort of record. It has been a wonderful adventure. Sure, there have been some tough moments, and some mistakes, but then Wall Street is a "learn as you go" enterprise. There is nothing, and I mea...

How do you like me now? How do you like me now, Now that I'm on my way? Do you still think I'm crazy Standin' here today? - Toby Keith We are but three weeks out from a defining moment for the world. I remain convinced that most people, and financial institutions, do not un...

Sectoral balances can tell us so much about what is going on in an economy. Especially when they are expressed as a time series, as in this remarkable chart from the ECB : Although it is a time series, this is not a rate of change chart. The y axis is in billions of euros, not in percenta...

The Good 2019, thus far (Friday, May 3rd), is the best start to a year for stocks since 1987. Not only that the S&P 500 ( SPY ) index set another new all-time high this week, but we haven't experienced a drawdown greater than 2.48%. Furthermore, 103 consecutive months of job gr...

The euro area's manufacturing sector remained deep in decline at the start of the second quarter. Although the headline PMI rose for the first time in nine months, up from 47.5 to 47.9, the April reading was the second-lowest seen over the past six years, signalling a deterioration of overall ...