1.0Vito Ammiratihttps://www.vitoammirati.com/en/adminhttps://www.vitoammirati.com/en/author/admin/rich600338<blockquote class="wp-embedded-content" data-secret="pS4m5nsBsM"><a href="https://www.vitoammirati.com/en/financial-report-december-2014/">Financial Report – December 2014</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.vitoammirati.com/en/financial-report-december-2014/embed/#?secret=pS4m5nsBsM" width="600" height="338" title="“Financial Report – December 2014” — Vito Ammirati" data-secret="pS4m5nsBsM" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://www.vitoammirati.com/wp-includes/js/wp-embed.min.js /* ]]> */ </script> SUMMARY OF THE MACROECONOMIC INFORMATION The macroeconomic scenario It sharpens the divergence between the US and Europe Positive signals from the US macroeconomic data with consumption and investments, net of extraordinary factors and some variability, showing solid growth in the summer months. In Europe, the slowdown in the broader and enduring expectations for the German economy affects the prospects for recovery de! cycle and induces governments and international authorities to a new downward revision of the estimates. The stock market Extreme volatility in the price lists, but the decline in October was interrupted Moment of extreme volatility on European markets on the one hand continue to benefit from the enormous liquidity in the market and the other affected by the fears of a sharp slowdown in growth in Europe. The interventions of the central banks in each case stopped the fall of October. The bond market The ECB supports the fund Despite! To market volatility and hotbeds of tension resurfaced in recent sessions, there are still some factors that can support a narrowing of spreads on peripheral (such as BTP) from current levels, thanks to the measures of the ECB. Even corporate bonds will benefit from it, although in this […]