Brexit Bad and “Clean Coal” — MM #140

The UK is now officially leaving the EU and the real games begin. We begin with this event and its impact on the pound, continue with an update on the French elections and continue to the concept of “clean coal” before previewing the first week of Q2.

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  1. Brexit is happening: PM May triggered Article 50 and the UK is officially beginning the process of leaving. We analyze the events around the triggering, the upcoming (tough) negotiations and if monetary policy can play a role.
  2. French elections update: In theory, Macron should sail into the Elysee and markets can calm down. We also lay out a scenario for President Le Pen and provide all the updates you should follow.
  3. Clean Coal: President Trump signed executive orders meant to help coal miners and emphasized “clean coal”. We dive into the coal conundrum, discussing electricity production, natural gas, automation and no. There is no such thing as “clean coal”.
  4. Preview: The first week of Q2 opens with a bang: a full buildup to the Non-Farm Payrolls joined with the FOMC Meeting Minutes and top-tier figures from other countries as well.

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