Tags » Mario Draghi

Bloomberg repeats the bond yield fallacy (Milton Friedman is spinning in his grave)

This is from Bloomberg:

“A series of unprecedented stimulus measures by the ECB to stave off deflation in the 18-nation currency bloc have sent bond yields to record lows and pushed stock valuations higher.

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Euro Crisis

Notes From Underground: To the Readers of "Notes From Underground"

Happy Thanksgiving!

It takes readers to make a successful blog and I have been blessed to have readers who are able to add to the discourse that makes for profitable investments and trades. 703 more words


Swiss Gold Referendum: What It Really Means, by Paul Craig Roberts

November 25, 2014

Editorial By Paul Craig Roberts
Source: The Daily Bell

In a few days the Swiss people will go to the polls to decide whether the Swiss central bank is to be required to hold 20% of its reserves in the form of gold. 882 more words


Weekly Economic Update

Economic Update 11-24-2014

  • A busy week of economic data releases: modest weaker industrial production and below consensus expected capacity utilization in October; absent deflationary risk, both domestic PPI and CPI in October came in slightly above the consensus expectation, but remained within the Fed’s inflation target.
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Economic News

The euro zone is already jonesing for more monetary stimulus

German executives are growing more confident, Spanish borrowing costs have never been lower, and stocks are rising across Europe.

Crisis, what crisis?

But all is not as it seems. 431 more words

Friday’s Retrospective – 21 November 2014

Equity markets soared on Friday following the announcement of People Bank of China that it will cut the one year loan rate by 0.4% and its one year saving rate by 0.25% while in the same time it will allow more flexible deposit rates. 211 more words


Another record-breaking week for U.S. stock markets

The U.S. stock market closed out its fifth-straight week of gains with new highs Friday, buoyed by positive economic news from China and Europe.

The People’s Bank of China announced a surprising… 339 more words