Tags » ECB

Notes From Underground: Nineteen Ways To Leave Your Lover

The reference of 19 ways to leave your lover is a reference to Janet Yellen’s Labor Market Condition Index (LMCI), which is what the Fed chair noted as the most important “dashboard” for measuring… 876 more words

Fed

Notes From Underground: Mark Carney Lives Up to His Name (A Master of the Strange and Inane)

Did he really say that about currencies and sovereignty? In an article in tomorrow’s Financial Times it is reported that Mark Carney said during a Q&A that a “… currency union between England and an independent Scotland would be ‘ incompatible with sovereignty.'” Carney said a currency union needed three elements for success. 440 more words

ECB

Notes From Underground: Mama, Don't Let Your Children Grow Up To Be Global Macro Traders

Well, NOTES FROM UNDERGROUND gets an A+ for analysis and an F or incomplete for EXECUTION. Caught off guard by Draghi’s timing, the market never provided a rally for the more cautious trader. 973 more words

ECB

Notes From Underground: N-O-T-H-I-N-G ... Thats What the ECB Means to Me

The wires are burning with the possibility of the ECB moving forward with a quantitative easing announcement. I would give it a 1% chance, or, in options pricing terms, … 721 more words

ECB

Notes From Underground: The ECB Is On the Horns of a Dilemma ... Again

Let us continue where last night’s blog ended. This week’s move by the French President Hollande to reshuffle the government’s cabinet should be perceived as a way for France to negotiate for a depreciation in the… 760 more words

ECB

Notes From Underground: Been Gone So Long It Looks Like 1939

It has been refreshing to sit and watch the world spin without the pressure to react to the daily dose of instability. Europe is devolving into the mess that I have been blogging about for almost five years. 932 more words

Fed