“This Is Bad” – European Banks Tumble As ECB Unveils Massive Monetary Easing
An unexpected reaction to the just announced even looser monetary policy suggests that central banks may be losing control of the markets…
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Dueling Bubbles: US Equities and European Bonds Compete for Spectacular POP
The US stock market is at all-time record highs, and most European countries are still paying negative interest rates. As central banks back-off, either willingly or otherwise, one of these bubbles will pop in […]
Continue readingEU Leaders Agree on Bank Supervisor
EU leaders committed to establishing a euro-area bank supervisor by year-end, leaving the door open for supplying direct aid to Spanish banks. The EU must now agree on the structure […]
Continue readingThe World Gold Council Publishes Gold’s Q3 Summary
The World Gold Council issued a summary on gold’s price performance in various currencies during the third quarter. The report looks at influences that monetary policies and central bank actions […]
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