ECB Wants to Test Limits of Negative Rates, JPMorgan's Normand Says

The transcript discusses the potential economic impacts of Brexit, the ECB's bond buying program, and investment strategies in Europe amidst political uncertainty. It also explores US yield trends, the possibility of negative rates, and their effects on banking and the economy.

Discuss the relationship between economic stress and political stress as described in the text.

What are the potential implications of the ECB relaunching a bond buying program?

What factors contribute to the political uncertainty in Europe mentioned in the text?

How might negative real yields in the United States affect the economy?

What are the concerns regarding negative rates and their impact on loan growth and consumption?