One Hedge Funds Warns The Market Will (Again) Be Sharply Disappointed By The ECB

Wednesday, March 2, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
03/02/2016

Market discounting ECB to intervene boldly, via a combination of increased QE, LTRO, depo rate cut, without collateral damage caused on banks by deeply negative interest rates. As banks performed strongly in recent days, market may think the recent complaining about negative rates by top banks’ executives across Europe has been heard. On the contrary, we believe deeply negative rates are coming, and are an inescapable negative for the banking sector, leading to overall weak equity markets post ECB.

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