This page has been archived and commenting is disabled.

Mario Draghi's ECB Press Conference - Live Feed

Tyler Durden's picture




 

Dismally drifting towards deflation as credit creation is a long and distant thing of the past in the European Union, this morning's decision to hold rates unchanged leaves a lot of "whatever it takes" hope left for the press conference. Whether he will ease lending standards, cut haircuts, enable more securitization, push direct lending (there's no demand!), or "promise" open-ended QE - it's all on the table but we suspect it will be more talk and "whatever" he is doing so far is working... stocks are near record highs and bond yields record lows - which must mean Europe is fixed...

 

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 03/06/2014 - 09:30 | 4516189 negative rates
negative rates's picture

Sure looks like he has a drahggie on.

Thu, 03/06/2014 - 09:34 | 4516200 PR Guy
PR Guy's picture

 

 

He explains his logic here (spoof)!

 

http://www.youtube.com/watch?v=zV3UuMOfiaQ

 

 

 

 

Thu, 03/06/2014 - 10:14 | 4516363 thunderchief
thunderchief's picture

I do not think these fools can do much more damage, just like QE and now taper. Its all done and cooked into this ugly pie.

Like walking into a trashed, evicted home. Well, it is what it is. Lock the doors and call the lawyers and insurance company. It is what it is.

Thu, 03/06/2014 - 09:30 | 4516192 williambanzai7
williambanzai7's picture

Thu, 03/06/2014 - 09:34 | 4516203 Iam Yue2
Iam Yue2's picture

What a drag.

Thu, 03/06/2014 - 09:39 | 4516221 SheepDog-One
SheepDog-One's picture

I'm sure the words have been placed properly to send algobots on at least +1% buying spree.

Thu, 03/06/2014 - 10:12 | 4516354 Luckhasit
Luckhasit's picture

For now on, Tylers need to use Mario from Nintendo for pics when they have articles on Draghi.  

Like what banzi has goin.  That's good satire.

Thu, 03/06/2014 - 10:48 | 4516524 ziggy59
ziggy59's picture

Looks evil and needs fiber

Do NOT follow this link or you will be banned from the site!