There Is One Huge Thing Missing From The ECB's Stress Tests (DIA, SPY, QQQ, TLT, IWM)

On Sunday, the European Central Bank released the results of "stress tests" performed on 130 eurozone banks. Twenty-five banks failed. There's a bit of a split on whether or not these results were good. But there is no divide on whether or not the ECB considered one key scenario: deflation. Analysts at Societe Generale said the results show that in an adverse scenario that occurs in 2016, only 7 billion euros of capital would be needed. And given that these stress tests involved banks holding mo...