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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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Thu, 12/06/2012 - 09:29 | 3038849 jeff314
jeff314's picture

fuck you Draghi

Thu, 12/06/2012 - 09:33 | 3038865 edb5s
edb5s's picture

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

Thu, 12/06/2012 - 09:40 | 3038889 GMadScientist
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.

 

Thu, 12/06/2012 - 09:31 | 3038852 GetZeeGold
GetZeeGold's picture

 

 

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

Thu, 12/06/2012 - 09:30 | 3038855 BovineCapital
BovineCapital's picture

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

Thu, 12/06/2012 - 09:31 | 3038857 HelluvaEngineer
HelluvaEngineer's picture

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

Thu, 12/06/2012 - 09:32 | 3038860 LongSoupLine
LongSoupLine's picture

Please...no shots today!

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

Thu, 12/06/2012 - 09:33 | 3038864 FLUSA.com
FLUSA.com's picture

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

Thu, 12/06/2012 - 09:35 | 3038869 q99x2
q99x2's picture

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

Thu, 12/06/2012 - 09:35 | 3038871 magpie
magpie's picture

What does it mean ? With or without glasses ?

Thu, 12/06/2012 - 09:35 | 3038872 No Euros please...
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.

Thu, 12/06/2012 - 09:38 | 3038883 q99x2
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.

Thu, 12/06/2012 - 09:42 | 3038887 EL INDIO
EL INDIO's picture

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

Thu, 12/06/2012 - 09:40 | 3038888 tooriskytoinvest
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!

Thu, 12/06/2012 - 10:26 | 3039034 Aurora Ex Machina
Aurora Ex Machina's picture

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

Thu, 12/06/2012 - 09:40 | 3038891 rsnoble
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.

Thu, 12/06/2012 - 09:44 | 3038896 hugovanderbubble
hugovanderbubble's picture

Draghi is shorting the limbo market

 

He wants DAX 6.200-6.400

Thu, 12/06/2012 - 09:44 | 3038900 hugovanderbubble
hugovanderbubble's picture

EUROPEAN STOCK INDEXES  (CORE ONES...like

 

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

Thu, 12/06/2012 - 10:32 | 3039049 tetsujin
tetsujin's picture

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

Thu, 12/06/2012 - 09:45 | 3038902 PR Guy
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.

Thu, 12/06/2012 - 09:47 | 3038912 Super Broccoli
Super Broccoli's picture

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

Thu, 12/06/2012 - 09:48 | 3038919 jmcadg
jmcadg's picture

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

Thu, 12/06/2012 - 09:49 | 3038922 Super Broccoli
Super Broccoli's picture

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

Thu, 12/06/2012 - 09:53 | 3038932 youngman
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...

Thu, 12/06/2012 - 10:03 | 3038964 jmcadg
jmcadg's picture

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

Thu, 12/06/2012 - 10:03 | 3038967 Archetype
Archetype's picture

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

Thu, 12/06/2012 - 10:54 | 3039132 azzhatter
azzhatter's picture

"before we return to growth" hahahaha

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