Which banking sectors are vulnerable to the third wave of the financial crisis?

Concerns about the health of the global economy, originated by adverse economic news and policy fumbles in China but amplified by poor advanced economy data, have dominated financial markets in 2016. Sharp oil prices and equity falls have seen a fresh wave of central bank dovishness: see here for my ECB preview, a March Fed … More Which banking sectors are vulnerable to the third wave of the financial crisis?

ECB under pressure from oil and EUR strength

The early 2016 China-induced financial market volatility, including oil prices hitting twelve-year lows below $30 and sharp equity price falls, reinforces my existing bias to eventual further ECB easing in 2016 (alongside other central banks becoming more dovish e.g. Carney’s comments today,  Bullard’s recent concerns about US inflation expectations and others like the Riksbank biased … More ECB under pressure from oil and EUR strength