Monthly Macro Update November: Mish Video With Gordon Long
See more here: Monthly Macro Update November: Mish Video With Gordon Long
Hard hitting global and local news
See more here: Monthly Macro Update November: Mish Video With Gordon Long
So Mario Draghi followed up with a new pledge ‘No limit’ to ECB Action to Hit Targets . The ECB pledged on Thursday to continue its €60bn-a-month bond buying quantitative easing plan until March 2017 and cut a key interest rate to a fresh record low of minus 0.3 per cent. But the measures disappointed investors that have come to rely on Mr Draghi to smash expectations, with a broad market sell-off after the ECB failed to deliver deeper cuts and an increase in the pace of QE.
Please consider Abengoa: Another Story Of Sudden Insolvency . Throughout this current year, 99 companies across the world have defaulted, the second highest figure in the decade after the 2009 crisis, according to S&P. Spanish firm Abengoa could be added to the list.
( Source ) For a moral argument about adaptation that mirrors what Eli was saying , ask Thilmeeza Hussain from the Maldives, on To the Point .
Fernando Leanme said… Off topic: as far as I can tell the El Niño event has peaked. I’m very happy to see my prediction was right
Actual results continue to pour in, nearly all of them negative. Today Gallup reports More Americans Say Health Premiums Went Up Over Past Year . Nearly three in four American adults (74%) who pay all or some of their health insurance premiums say the amount they pay has gone up over the past year
Taken from: New Home Sales vs. Labor Force and Civilian Population; Factors Behind Decreasing Sales
More: Second Strong Payroll Number +211,000; December Rate Hike Assured
ECB president Mario Draghi’s announcement today regarding more QE fell far short of the sky-high expectations of market participants. Draghi Recap ECB would continue its €60bn-a-month bond buying program for another 6 months until March 2017 “or beyondâ€
Follow this link: Dollar Surges, Bonds Sink as ECB’s Rate Cut to -0.3% and Pledge of More QE Until March…