Macklow-Smith: Yield Curve Steepens in European Recovery

The video discusses the impact of Donald Trump's election on financial markets, particularly focusing on the potential changes in the financial sector. It examines the recent dynamics in European financial markets, including a significant rotation due to yield curve changes. The discussion also covers Trump's domestic focus and its implications for European companies, highlighting the weakening of the euro against the dollar and how European companies with American subsidiaries might be affected.

What has been the trend in European financials over the last six or seven years?

How has the yield curve alteration affected the European markets?

What are the implications of Trump's focus on domestic policies for European companies?

In what way has the euro's weakening against the dollar impacted European companies?

Discuss the potential effects of Trump's statements on American companies operating in Europe.