Cheap Convexity

Cheap Convexity

Share this post

Cheap Convexity
Cheap Convexity
Whatever Coalition is Formed in Germany, Europe is Healing

Whatever Coalition is Formed in Germany, Europe is Healing

Jon Turek's avatar
Jon Turek
Sep 27, 2021
∙ Paid
2

Share this post

Cheap Convexity
Cheap Convexity
Whatever Coalition is Formed in Germany, Europe is Healing
Share

The big event of the weekend was of course the German elections. In terms of the market, the stakes were obvious, the better the more left leaning parties did, the more likely it will be that Germany will have a more fiscally loose policy setting, especially relative to its pre covid budget surplus’. So far the results show a bit of a mixed bag, with SP…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Jonathan Turek
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share