1.0Vito Ammiratihttps://www.vitoammirati.com/en/adminhttps://www.vitoammirati.com/en/author/admin/rich600338<blockquote class="wp-embedded-content" data-secret="ZlQg8cuHOV"><a href="https://www.vitoammirati.com/en/financial-report-february-2015/">Financial Report – February 2015</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.vitoammirati.com/en/financial-report-february-2015/embed/#?secret=ZlQg8cuHOV" width="600" height="338" title="“Financial Report – February 2015” — Vito Ammirati" data-secret="ZlQg8cuHOV" 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 Significant improvements in the US, Europe still weak Improve in the US data on the labor market, consumption and investment, the latter spirits from falling fuel prices. The growth in the euro area remains extremely low due to the high levels of unemployment and rising oil deflationary risks. This reduces the expected resumption of pearl business cycle in the short term. The stock market Extremely volatile markets The volatility protagonist returns on European indices, especially for the “peripheral” as Italy. The indices are affected by the fears of recession due to the drop in oil prices and the addition of a political risk in Greece. Price lists, however, may be supported by a probable quantitative easing (QE) by the ECB. The bond market The intervention of the ECB The economic situation has increased the risk aversion of investors, producing a compression rates on core government bonds at the end of 2014. The peripheral bonds were affected only marginally views the action of the ECB in January. The improvement in economic growth and the rise in US interest rates in mid-2015 should move up market rates in Germany.  Currencies Issues unchanged for […]