MARKET FLASH:

"It seems the donkey is laughing, but he instead is braying (l'asino sembra ridere ma in realtà raglia)": si veda sotto "1927-1933: Pompous Prognosticators" per avere la conferma che la storia non si ripete ma fà la rima.


giovedì 26 luglio 2018

Watch Live: Mario Draghi Reassures The World That The End Of ECB QE Will Be A Nothing-Burger

After another ECB statement that offered no surprises, we suspect Mario Draghi will be trying his best to reassure the world (especially European corporate bondholders) that everything is still awesome despite the fact that the market's bidder-of-first-and-last-resort is stepping away...

It seems the market is front-running him...

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