by Daniel Stelter | Jan 26, 2015 | Uncategorized
Despite all the advertising, launching quantitative easing (QE) in Europe may well be counter-productive. This is due in no small part to significant structural differences between the U.S. and European economies and capital markets. But that does not mean nothing...
by Joel Charalambakis | Jan 25, 2015 | Uncategorized, Weekly Market Update
Market Action Markets got the sugar rush they had long been craving as Mario Draghi announced a QE program involving €60 billion per month starting next month through at least September 2016. Equities around the world rallied, including the U.S. where the major...
by Joel Charalambakis | Jan 23, 2015 | Uncategorized
Geopolitical Headlines Saudi Arabia Saudi Arabia’s King Abdullah Azziz al-Saud passed away on Thursday at the age of 90. He had been hospitalized with a case of pneumonia for weeks. His half-brother Salman has assumed the throne to the Kingdom. Onlookers have long...
by John E. Charalambakis | Jan 21, 2015 | Commentaries, Uncategorized
As it is widely expected, the ECB will unveil today its own version of QE. Welcome to a dead-end where central banks may resemble Prometheus bound by chains made by his own hands! As I wrote late last year we may be entering a historical year where the greenback and...
by Joel Charalambakis | Jan 16, 2015 | Uncategorized, Weekly Market Update
Market Action U.S. markets on Friday ended a five-day streak of losses for risk assets. A combination of weak economic data, global growth concerns and disappointing Q4 earnings contributed to the declines. The story of the week in financial markets was the surprise...
by Daniel Stelter | Jan 16, 2015 | Uncategorized
Following the start of Abenomics in 2012, Japan moved back to the center of attention of global financial markets. After two and a half decades of economic stagnation, hopes were high that Japan would escape its long stagnation and deflation. Plenty of economists...