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Central bankers
Looks like the central bankers were out in force last night with
their PPT's. I see articles today referring to the overnight surge
as, "traders reassess the ECB's moves". Uh huh. Oh really.
Also, one of the worlds foremost architects of rising inequality
has the audacity to warn about rising inequality.
zerohedge.com/ne...es-ine
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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.
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Author:
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Jam
ok
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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03/11/16 at 1:49 PM CST
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