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, a titanic shift we have been waiting for. The speech itself, im not sure the market misinterpreted it. There was a very clear shift in the tone relative to the last policy meeting. It was quite a dramatic tone. A backslide to explaining how the tightening is not really a tightening, and i think the hope was if you explained it that way, Financial Markets will not get into a tizzy. I didnt read draghis statement on tuesday to be anywhere near as bearish as the market is taking it. Actually i took it the other way. I think it was a signal from draghi that even if there was going to be further ...

, a titanic shift we have been waiting for. The speech itself, im not sure the market misinterpreted it. There was a very clear shift in the tone relative to the last policy meeting. It was quite a dramatic tone. A backslide to explaining how the tightening is not really a tightening, and i think the hope was if you explained it that way, Financial Markets will not get into a tizzy. I didnt read draghis statement on tuesday to be anywhere near as bearish as the market is taking it. Actually i took it the other way. I think it was a signal from draghi that even if there was going to be further ...

Is this the titanic shift we have been waiting for . The speech itself, im not sure the market misinterpreted it. There was a very clear shift in the tone relative to the last policy meeting. It was a dramatic tone. A backslide to explaining how tightening is not really a tightening and i think the hope was, if you explain it that way, Financial Markets will not get into it. I did not read the statement on tuesday to be anywhere near as bearish as the market was taking it. I took it the other way. I think it was a signal from draghi that even if there is further support and tailwind, the centr...

Is this the titanic shift we have been waiting for . The speech itself, im not sure the market misinterpreted it. There was a very clear shift in the tone relative to the last policy meeting. It was a dramatic tone. A backslide to explaining how tightening is not really a tightening and i think the hope was, if you explain it that way, Financial Markets will not get into it. I did not read the statement on tuesday to be anywhere near as bearish as the market was taking it. I took it the other way. I think it was a signal from draghi that even if there is further support and tailwind, the centr...

Is this the titanic shift we have been waiting for . The speech itself, im not sure the market misinterpreted it. There was a very clear shift in the tone relative to the last policy meeting. It was a dramatic tone. A backslide to explaining how tightening is not really a tightening and i think the hope was, if you explain it that way, Financial Markets will not get into it. I did not read the statement on tuesday to be anywhere near as bearish as the market was taking it. I took it the other way. I think it was a signal from draghi that even if there is further support and tailwind, the centr...