The stock market has been gorging on gains over the last six years and the big question is are we ready for a crash diet? In other words, have we consumed too much, too fast? 609 more words
Tags » ECB
A selection of my recent observations in client notes, speeches and radio appearances, which have provoked sufficient reaction to merit a further airing.
Fed loses ‘patience’ … 1,887 more words
“With great power comes great responsibility”
You know where this quote comes from :-)
I think it perfectly applies to the ECB.
When I started to study it (OMG, about 20 years ago!), I found out that its almost exclusive competence in managing the Eurozone monetary policy and its well guaranteed independence were mirrored by a panoplia of accountability tools. 732 more words