Pavel Bandilov in Investor Club, 28.01.2017
In order to clear the analysts of this overly obsessed with these topics, I will say that the sociologists who are wrong not only in Bulgaria but abroad are guilty of this. At two extremely important events, the Brexit referendum and Donald Trump’s election, sociologists led the markets completely to expect one scenario, and eventually got a whole other one, which increased volatility.
What difficulties does inflation imbalance lead to in the European Union? Will an adjustment of the ECB’s policy be possible and necessary in the second half of the year? Will we see inflation, which is not so much due to the increase in the price of energy products? Will we see an increase in lending that affects the demand for goods and services in the European Union? Have the US markets really overheated and how will European stocks be represented against the backdrop of political instability?
See full comment on the transmission:
