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I suggest the Bundestag adopts Conclave's rules and seals all MPs inside until the vote is complete 🤣 "Genau! Extra omnes!"

🇺🇸 Tariffs front-loading, pharma edition.

Merz elected at 2nd vote! All chill out now, please! 🤣

Sounds about time! You might also wish to involve Italy and Spain this time around. The Franco-German locomotive looks in need of some buttressing here...

Pope Leo XIV greets the world for the first time to grant his Urbi et Orbi blessing. Cardinal Robert Francis Prevost was elected as the 267th Successor of Peter by the 133 Cardinal electors on Thursday, May 8.

Very good points here. The key point, though, is in the last sentence "no harm in trying [crazy things], as he perceives it"... harm has been made and can't be fully unwound, it just takes longer to become apparent

You have been warned! The BIG SHIFT has started 🤣

Agree, at least not as strong a factor in the short-term catch-up phase to inflation as many wanted to make it... But the same people also struggle with these other pictures... SAD

Yours truly today in Bloomberg's Point of Return about the "EasyB" h/t John Authers for excellent punning! #ECB bloomberg.com/opinion/newsle…

ECB cuts 25bp as widely, expected... BUT look at this 2026 headline HICP revision!🤣 Curious to see how many out there follow on this fORecAsT 🤪

I'm convinced the ECB models have too big an FX passthrough built in, spitting out weird stuff either up or down when something moves a bit. (Also note June and Dec projections are amalgamations of NCBs' forecasts... I'm looking at you BuBa! 🧐😂)

🌮 you mean? 🤣

China fast tracks rare earth export licences for European companies on.ft.com/43xye53