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Tag Archives: ECB
The ongoing Greek debt issue will likely become a Mexican standoff – with the banks of Europe on one side, the Greek government on another side, and the European Central Bank on the other. Ultimately a number of brave investors … Continue reading
The Fed intervention in global markets this morning appears to be a time-buying mechanism for the ECB. Obviously the very NEED for intervention in the first place ought to be cause for concern amongst global equity strategists. Something very foul … Continue reading
Has Anyone Seen My Operation Twist? I was just looking around to see if anyone had noticed any substantive impact of operation twist by the Federal Reserve (see the November Fed POMO Schedule). Initially we saw mortgage rates drop to … Continue reading