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ECB's Coeure Sees "Little Bubbles"

Tyler Durden's picture




 

It would appear The ECB has undertaken the same baffle'em with bullshit meme the rest of the world's central planners have embraced. Speaking this morning (this time not to a private hedge fund group), The ECB's Benoit Coeure stated unequivocally that "The ECB doesn't see overvalued asset prices." Well that's nice, apart from the -38bps yield on German 2Y notes. But then... to lull investors from their stupor, Coeure unleashed, "The ECB does see "little bubbles" in some markets." Which ones we can only wonder as they prepare to buy Muni bonds...

 

  • *COEURE SAYS ECB ISN'T BLIND TO POSSIBLE SIDE-EFFECTS OF POLICY
  • *COEURE SAYS ECB DOESN'T SEE OVERVALUED ASSET PRICES
  • *COEURE SAYS ECB SEES 'LITTLE BUBBLES' IN SOME MARKETS

Shhh...

 

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Mon, 11/16/2015 - 13:02 | 6800210 Boris Alatovkrap
Boris Alatovkrap's picture

Little bubble is good. Boris is indulge in little bubble when take bath after large meal.

Mon, 11/16/2015 - 13:08 | 6800248 Cognitive Dissonance
Cognitive Dissonance's picture

Bubble, bubble, toil and trouble. Boris is about to speak.....from the tub.

<Speak up Boris. You're mumbling and sound like you're under water.>  :-)

Mon, 11/16/2015 - 13:35 | 6800397 MadVladtheconquerer
MadVladtheconquerer's picture

Hey, Boris, can you catch those bathtub bubbles in your teeth wo/ popping them?

 

Mon, 11/16/2015 - 13:04 | 6800231 Spitzer
Spitzer's picture

The PIIGS have erased all of their current acount deficits. Lets see you do that USA

Mon, 11/16/2015 - 13:13 | 6800277 Boris Alatovkrap
Boris Alatovkrap's picture

Boris is reconfigure acronymn:

 

P - Portugal

I - Italy

G - Greece

S - Spain

H - Hungary

I - Ireland

What is worse economic, Turkey or Poland?

Mon, 11/16/2015 - 13:14 | 6800283 Boris Alatovkrap
Boris Alatovkrap's picture

<-- T - Turkey

<-- P - Poland

Mon, 11/16/2015 - 13:37 | 6800407 MadVladtheconquerer
MadVladtheconquerer's picture

Well, for your acronym to work it would necessarily have to be Turkey.

You could also run it w/ Brazil and get BIGSHIT.

Mon, 11/16/2015 - 13:11 | 6800268 aliki
aliki's picture

LOL ... and bernanke saw a "little bubble" in subrprime

Mon, 11/16/2015 - 13:31 | 6800376 MadVladtheconquerer
MadVladtheconquerer's picture

"Tiny bubbles in the wine;

Make me happy;

make me feel fine;"

https://www.youtube.com/watch?v=mlCiDEXuxxA

 

 

Mon, 11/16/2015 - 13:32 | 6800378 pound the vix
pound the vix's picture

There is a huge bubble forming from blowing smoke up each others asses.

Mon, 11/16/2015 - 13:52 | 6800455 SpanishGoop
SpanishGoop's picture

Mee no see, mee no hear, mee no speak (the truth).

http://musicians4freedom.com/wp-content/uploads/2011/10/See-no-evil-hear...

 

By the way, can you see other bubbles if you are living in one ?

Mon, 11/16/2015 - 14:23 | 6800629 JimmyRainbow
JimmyRainbow's picture

reminds me of the despicable me scene where agnes states that there are always little bubbles coming out of grus head.

unfortunately enough no youtube clip of that found

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