Mario Draghi Press Conference - Live Webcast

Tyler Durden's picture

You know the drill: 45 minutes after the ECB announcement we get the presser. Will Draghi say anything catalytic? Most likely not: the only variable is whether or not Draghi sees a reduction in inflation and growth (despite all the recent irrational euphoria from various sellside desks), leaving the door open for negative deposit rates. Remember: the "bazooka variable" - the OMT - is now solely in Spain's, and out of the ECB's, hands now.

  • *DRAGHI SAYS ECB CUT GROWTH FORECASTS, SEES `DOWNSIDE RISKS'
  • *DRAGHI SEES WEAK GROWTH EXTENDING INTO 2013 BEFORE RECOVERY
  • *DRAGHI SAYS GOVTS MUST REDUCE FISCAL STRUCURAL IMBALANCES
  • *DRAGHI SAYS FISCAL POSITION IN U.S. MAY DAMP CONFIDENCE LONGER

 

 

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jeff314's picture

fuck you Draghi

edb5s's picture

I drove by the Federal Reserve branch in my hometown of Charlotte yesterday.  I yelled "fuck you, Bernanke" out the window.

GMadScientist's picture

Loud enough for him to hear...in DC?

Any ZHers wanna have some fun:

"We offer prearranged tours Monday through Thursday, beginning at either 9:30 a.m. or 1:30 p.m. Tours are available to high school and college students and teachers, bankers and community and business organizations with a minimum of five and a maximum of 45 attendees at one time."

You could correct the person doing the tour each time they lied about the Fed's role.

 

GetZeeGold's picture

 

 

YES.....immanent victory about to be announced!

BovineCapital's picture

over/under on him casually using the expression "seig heil"?

HelluvaEngineer's picture

Buy gold at < 1700 while you can (5 minutes?)

LongSoupLine's picture

Please...no shots today!

I'm still puking from "stabilty" after the last one.

FLUSA.com's picture

sssshhh....Mr. Bean is about to come on...he always makes me laugh

q99x2's picture

Oh wouldn't it be cool to see the Golden Dawn come in and pull him off the stage.

magpie's picture

What does it mean ? With or without glasses ?

No Euros please we&#039;re British's picture

I'm watching closely to see if his nose really does get longer as he speaks.

q99x2's picture

He should have saved himself the trouble and just put up a sign that said, I was going to stand here and lie to you but I figured you knew that so I'm down at the golf course instead.

EL INDIO's picture

When Bankers lie it’s not their nose which goes up it’s their ...
Because they are Wankers.

tooriskytoinvest's picture

BREAKING: Straw That Breaks The Euro's Back - Italy's Monti May Resign Today. Berlusconi Comeback? Berlusconi's 206 Mps Could Be Asked To Abstain In A Separate Vote Of Confidence This Afternoon. Euro Crash Imminent?

http://investmentwatchblog.com/breaking-straw-that-breaks-the-euros-back-italys-monti-may-resign-today-berlusconi-comeback-berlusconis-206-mps-could-be-asked-to-abstain-in-a-separate-vote-of-confidence-this-afternoon/

THIS IS HUGE!

Aurora Ex Machina's picture

Getting Bunga-Bunga back is going to trash Italy's Bond market, surely?

rsnoble's picture

Unless that fucking clown is going to spontaneously combust im not watching.  Hopefully a lot of the people he's near are wearing flamable clothing.

hugovanderbubble's picture

Draghi is shorting the limbo market

 

He wants DAX 6.200-6.400

hugovanderbubble's picture

EUROPEAN STOCK INDEXES  (CORE ONES...like

 

UK,SWISS;CAC;DAX and NETHERLANDS = ARE ALL OVERBOUGHT

tetsujin's picture

aGREED. have a butchers at DAX on the daily, smashing it for 14 days on the trott. looks bizarre

PR Guy's picture

Downside risk will be the least of our worries over the Christmas holidays...

You can just picture the scene....

Three wise Arabs on their camels on Christmas eve, somewhere near Iran... pointing up at a moving light in the sky...

WA 1 : Is that the star of wonder?

WA 2 : Is that the star of light?

WA 3 : No. It's an Israeli jet.

Super Broccoli's picture

"the growth potential" "to increase employement" doesn't work with "within the monetary union" !!!!

jmcadg's picture

italy is fucked ... you heard it right there.

Super Broccoli's picture

"i will not comment this specific Italian situation" AHAHAHAHAHAHAHAH !

youngman's picture

I always wondered why a Politician would want to be in charge of a failing country..or the EU...there is nothing they will do to stop the fall....so as for their reputations..?????.....but then we hear the Greek politicial family has 700 million in Swiss bank accounts....now I know why...

jmcadg's picture

Didn't like the Goldman Sachs truth. Ruffled feathers :))

Archetype's picture

When he says "praiiiis staaaaabiliti" i feel like puking all over my screens.

azzhatter's picture

"before we return to growth" hahahaha