US News ECB warns financial markets in front of exuberance in pandemic recovery
real estate in China is likely to plumb the economy of the planet, the Fed pulls the alarm
© Pixabay real estate in China risks folding the economy of the planet, the Fed draws the bell Alarm The difficulties of the Evergrande giant could result in a chain reaction and eventually affect the United States. Global growth affected by the difficulties of the real estate sector in China? This is what the Fed fears, while the setbacks of the Evergrande giant, could eventually turn against the United States, according to its stability report.
![]()
(Bloomberg) - the European Central Bank (ECB) warns of risks for financial stability in the eurozone because of the increasingly excessive prices on real estate and financial markets, the risk-taking of non-banks and Increased borrowing.
Most Read From Bloomberg
Amazon Sued Over Crashes by Drivers Rushing To Make Deliveries Startup Fever Is Gripping The World's Last Big Untapped Nation What Designers of Video Game Cities Understand About Real Cities Biden Plan Funds New Bridges That Locals May Notting Chronically Underfunded Hbcus Eye Scholarships in Biden BillWhile recovery from the pandemic means that the short-term risks have evaporated, weak points gain with potentially serious consequences in the future, so the Frankfurt currency hesters.
How long will it still give cash?: Cash and coins are increasingly losing importation
Cash is always used less. For some economic sectors, this becomes a problem and future worries are wide. Associations warn now. © Photo: DPA / Patrick Pleul Many EuroKanknoten stuck in a purse (placed recording). Will cash be abolished soon? A question that gains more important in view of the dwindling importance of cash in everyday life. Economic sectors dependent on seems and coins depend on future worries.
![]()

"Excessive are above all exaggerations on the credit, asset and real estate markets as well as the higher debt of the corporate and public sector as a result of the pandemic," said the ECB on Wednesday In its financial stability report, which picks up the formulation "irrational exuberance" of the former US Federal Research Chief Alan Greenspan for the Dotcom bubble in the 1990s.
The ECB indicated the increasing risk of residential real estate - especially in countries where the reviews were already high before the pandemic. This market is "more susceptible to a correction" and at the same time warned that investment funds, insurers and pension funds could "significant credit losses" suffer when the situation in lower rating corporate bonds.
Siemens share In the plus: Siemens exceeds its own forecast - separation from other consolidated units.
Siemens increased its surplus in the past fiscal year by 59 percent to 6.7 billion euros and thus exceeded the expectations raised in the summer. © Provided by Finanzen.net Yasuyoshi Chiba / AFP / Getty Images of the technology group benefited from continued growth in its key sectors. In sales growth of comparable 11.5 percent to € 62.3 billion, the operating result (adapted EBITA of industrial business) improved by 17 percent to 8.81 billion euros, as the company communicated in Munich.
![]()
"The markets for equities and riskier assets have maintained their striking upswing, which makes them more susceptible to corrections," says ECB Vice President Luis de Guindos in the report. "There are examples that established market participants explore newer and exotic facilities. In parallel, the housing markets in the euro area have grown rapidly, and there are hardly any indication that the credit default standards were exacerbated in response. "

One of the uncertainties outside Europe is a slowdown in China, even if the problems of the indeed real estate developer China Evergrande Group, according to the report, has previously had limited effects on the outlook.
Headline in the original:
ECB Warning of Market Exuberance As Economy Recover from Pandemic
Most Read from Bloomberg BusinessWeek
Boeing Built to Unafe Plane, and Blamed The Pilots When IT Crashed First Task For The Teamsters' Next Boss: Take On UPS Google Wants to Save The Planet With Satellite Images One Of The World's Poorest Countries Found A Better Way To Do Stimulus Generation Lockdown: Where Youth Unemployment Has Surged© 2021 Bloomberg LP
Coronavirus in PACA: Pass sanitary or not, the town hall puzzle for their Christmas markets .
announced by Olivier Véran, the obligation of the sanitary pass to access the Christmas markets has not yet been published at the "Journal Official "But gives cold sweats to the town halls © Syspeo / Sipa the Cannes Christmas Market, in 2020 Coronavirus - announced by Olivier Véran, the obligation of the sanitary pass to access the Christmas markets has not yet been Posted on the "Official Journal" but gives cold sweats to the Town Halls Pass or not Pass? Before the ads of Olivier Véran of this