Europe At The Precipice

TradeSnoop  ( Original )
SEP 28, 2016

TradeSnoop tells us that a potential European bank crisis continues to be a topic the stock market can't seem to avoid. 

Bank stocks are among the most impacted by the global economic slowdown. The ECB's negative interest rate policy has crushed their net interest margin and nonperforming loans continue to plague their balance sheets. This creates a negative feedback loop throughout Europe.