RBS

Dave Collum's 2016 Year In Review - "And Then Things Got Really Weird..."

"Markets don’t have a purpose any more - they just reflect whatever central planners want them to. Why wouldn’t it lead to the biggest collapse? My strategy doesn’t require that I’m right about the likelihood of that scenario. Logic dictates to me that it’s inevitable..."

GoldCore's picture

The people who are likely to win the next election want to take Italy out of the euro and replace the euro with their own currency, the lira. Unfortunately for the EU, if Greece was a tricky issue to deal with, Italy is — in economic terms — a massive Greece …

What Time Will The ECB Tip Its Hand

With traders' fingers poised over the buy (and to a lesser extent) the sell button, waiting for the ECB to lay out the mechanics of its QE extension with or without tapering, the question is what time is more important: the 1:45pm CET (7:45am ET) statement release or the 2:30pm CET press conference. Courtesy of Bloomberg here are some thoughts on which time will be more relevant.