SquawkBox
Highlights Follow:
Is The EU Failing To Deliver Free-Trade?
Highlights Follow:
Is The EU Failing To Deliver Free-Trade?
- 17 members of the EU, the more the euro zone implodes or unifies, the more outside the eurozone say they’re not sure if they want to enter.
- For Germany and France, euro zone is political, for others its economic, fundamental difference.
- Very active central bank will compensate for political disfunction.
- Cyprus is a big deal, but not a huge issue for U.S.
- Fed cannot afford to see asset prices fall, economy healing.
- Global economy extremely fluid.
- We are living in a fundamental phase of secular realignment, yet we still have a cyclical mindset.
- The U.S. is recovering from great innovation and entrepreneurship, only held back by disfunction in Washington.