A crashing Yen failed to help Japan or fix its economy, but while Japan may now be a lost cause, the Keynesian masterminds of the world will give it another …
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Today, ECB president Mario Draghi announced his much awaited QE program that will allegedly save Europe from the imaginary perils of price deflation. See Deflation Bonanza! (And the Fool’s Mission to …
Read More I’ve got Draghi fever, she’s got Draghi fever We’ve got Draghi fever, we’re in debt She’s gone Dollar crazy, I’ve gone Euro hazy Ain’t no thinking maybe, we’re in Debt The ECB …
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The eminent collapse of the Euro was pre-determined by the disastrous design from the outset. Instead of accepting responsibility and altering the mistakes that would require political reform, we are …
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The European Central Bank has announced a €60 billion ($69 billion) monthly government bond buying program—Quantitative Easing—but that won’t do much for the moribund continental economy. Central banks can print …
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There are six key elements to the ECB’s announcement: 1. Starting in March the ECB will buy 60 bln euros a month in national bonds and agency bonds. The amounts will …
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The European Central Bank (ECB) kept its main interest rate unchanged on Thursday, but markets are still on edge ahead of this afternoon’s press conference, at which central bank President …
Read More The historically ‘neutral’ Switzerland, a safe haven for large capital, is now a victim of the worldwide currency war. While almost every central bank across the globe is trying to …
Read More OVERNIGHT MARKETS AND NEWS March E-mini S&Ps (ESH15Â +0.21%) this morning are up +0.22% at a 1-week high and European stocks are up +0.15% at a 4-month high ahead of the …
Read More EUR/USD Signal Update Yesterday’s signals were in play as the price did reach 1.1650 during the London session, before quickly falling off it as expected. However, it was right at the …
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