ECB
Balance sheet jumps >€8,600bn for 1st time as Lagarde keeps
printing press rumbling notwithstanding inflation, which has
risen to 5%. Total assets rose by another €6.4bn on QE. ECB
balance sheet now equal to 82% of Eurozone GDP vs Fed’s
38.2%, and BoJ’s 134.5%. |
Holger Zschaepitz - Good Morning from Germany, where housing
boom accelerated as Germans buying real estate fearing
rising inflation, rents & interest rates. Europace House
Price Index jumped 2.1% in Dec. Gained a whopping 15.6% in
2021. Index has risen in tandem w/ECB Balance Sheet to ever
new ATHs |