Mario Draghi’s job of maintaining a sense of economic caution is already getting a little trickier.
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Bubbles? Shiller P/E Ratio Nears Roaring '20s Bubble High As Home Prices Increased 43.6% Since Feb '16
Supreme Court Justice Potter Steward said in 1964 in the Jacobellis v. Ohio case, “I shall not today attempt further to define the kinds of material I understand to be embraced within that shorthand description ; and perhaps I could never succeed in intelligibly doing so. 195 more words
Andrew Bosomworth, head of portfolio management Germany at Pimco, discusses factors influencing the European Central Bank. He speaks with Guy Johnson and Tom Keene on “Bloomberg Surveillance.” (Source: Bloomberg)
Gold Today –New York closed at $1,256.10 yesterday after closing at $1,256.30 Tuesday. London opened at $1,253.65 today.
Overall the dollar was slightly stronger against global currencies early today. 682 more words
The 3-month London Interbank Offered Rate (LIBOR) has been rising since The Federal Reserve raised The Fed Funds Target Rate in December 2015. 105 more words
Real interest rates are deeply negative in much of the Eurozone due to the combination of interest rate repression by the ECB’s bond buying program plus above-target inflation. 324 more words