Hello, Loves! This week should be a great week for ‘our’ beloved single currency 😜
- Draghi tried to hurt the euro on Thursday. 125 more words
Well, this is just fantastic in terms of previous posts setting up new posts.
So earlier this week we ran one piece that outlined a study Bloomberg’s Cameron Crise conducted to determine the effect of global central bank liquidity on 10Y Treasury yields and another post highlighting the most recent note from Deutsche Bank’s Aleksandar Kocic who employed a roadrunner reference to illustrate his point about “the inevitability of fiscal inertia.” Those two posts can be found here: 1,442 more words
Will #ECB cut lavish stimulus
#eurozone saw #Inflation undershoot the predictions, on April 28th a wide variety of economic indicators pointed to this trend which continues to build pressure on #ECB to cut stimulus plans as early as June. 622 more words
Mario Draghi’s job of maintaining a sense of economic caution is already getting a little trickier.
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- The U.S. economy expanded at the slowest pace in three years as weak auto sales and lower home-heating bills dragged down consumer spending, offsetting a pickup in investment led by housing and oil drilling.
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
Written by Marcin Grajewski,
The European Central Bank is pushing ahead with its monetary stimulus programme, which was launched more than two years ago to counter deflationary pressures in the euro zone economy, and to strengthen then fragile economic growth. 711 more words