Tags » Draghi

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

Banking

PIMCO'S Bosomworth on ECB

https://www.bloomberg.com/api/embed/iframe?id=2f6cd670-8289-4d6b-82e7-a0265d80eb5f

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)

Business

ECB Rate Decision........TONIGHT!

I believe Draghi is going to starting reining in QE as he kind of hinted in his last press conference.

However, because of the Brexit, French elections, Greece and Italy, I can’t help thinking that he might end up also being alittle dovish. 89 more words

Forex

Gold needs to break through 200 day MA to make move higher

 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

Independent Analyis

Schrute Bucks: C&I Loan Growth Slowest Since 2011 As Interest Rates Rise (LIBOR 3Mo Surge)

Loan growth in the US is falling and the lowest since 2011.

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

Banking

Euro Set to Rise on Reversal of Deeply Negative Bond Yields

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