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July 16, 2024
Draghi be remembered as a hero the head of the European Central bank is said to hold his last meeting before heading over the reins several members of his governing council have publicly criticized his latest measures one top official even resigning over druggies new open ended bond buying scheme which is saying that stabilizing the euro zone. The italian economist has been at the helm of the e. C. B. For 8 years now and they couldnt have been more turbulent. By 2010 and the financial crisis tha...
June 21, 2024
Im francine lacqua. We are getting breaking news out of italy. Possible qe next week in terms of that inflation figure that is due out any second. Weve already had a lot of macro news affecting the euro this morning. Though it actually hasnt affected the euro in terms of where the currency is trading. A little relief for mario draghi. The European Court of justice has given a favorable opinion on outright monetary transactions, seen as a precursor to the qe plan that many people believe draghi w...
June 20, 2024
We now have about 1. 4 trillion in mortgages on their own Balance Sheet. Making the fed as i previously said the Worlds Largest savings and loan. The feds goal is to push house prices higher, and in my view, they have no overachieved. I want to look at house prices in a much longer perspective. I hope you can see some of his chart. This is a 60 year history that goes from 19532015. Its a slight of the Consumer Price index versus average u. S. House prices, both indexed to 1953 equal 100. What yo...
June 20, 2024
We had a vote several months ago on putting minimal things about gun control in, and it got voted against it. We had congressmen that had 85 of their district that were for this. And you sound like youre hopeful that we can do something about this . [laughter] i mean, i just dont see that this could happen. How do we do this . How can you be hopeful . Okay, you discouraged me, i quit. [laughter] i guess its part of, you know, you gotta have hope, you gotta keep trying. Things take time, and, you...
June 20, 2024
Negotiation that has to take place. And it needs to involve people who represent several different points of view, both from within the ruling party and outside. And that observation brings me to mr. Pendergast. After the Security Councils approval of additional peacekeeping troops for south sudan last month, you commented that the political and diplomatic elements of International Responses to most african conflicts have been slow and ineffective. Which have put more pressure on peacekeeping mi...
June 17, 2024
In the middle serbia vows to boost ties with russia while it also strives to become part of the e. U. It was all a lets do business will mario draghi be remembered as a hero the head of the European Central bank is said to hold his last meeting before handing over the reins several members of his governing council have publicly criticized his latest measures one top official even resigning over druggies new open ended bond buying scheme. The italian economist has been at the helm of the e. C. B....