Jester,

Yah - it was too big not to notice that one day Europe's QE easing is blamed for a bad market, the next it's cited as the reason for a rally - the only certain thing is this is the usual nonsense of needing to pin something as an explanation of what's going on.   I thought Draghi was a relatively straight shooter IIRC - when at Allianze (or whatever the huge bond firm was, IIRC) - but this 'oops, this is what we did' is pretty sorry stuff.

However, there is no reason to worry - Trump, if elected, will make everyone a millionaire - for 15 minutes.