Berlin Wall

Podcast

cfact.org

Steen Jakobsen: The End Of The Debt Cycle

As transformational as the fall of the Berlin Wall
Sunday, February 21, 2016, 7:26 PM

As we've been watching closely, something is wrong with the big banks. Their shares have lost 25-33% of their market value since the beginning of the year. What's going on?

The turmoil seems greatest in Europe, where bank shares have fallen the hardest, and negative interest rates have appeared with increasingly frequency across member countries.

To make sense of it all, we've invited Steen Jakobsen back on, Chief Investment Officer of Saxo Bank, who can provide an eyes-on-the-ground perspective on the European banking system from his location in Copenhagen. » Read more