ZeroHedge Search

"...for an economy that has been addicted to 0% interest rates for more than a decade, this will likely have serious consequences."

Why isn't $36.93 billion in free money to banks an outrage?

Yesterday's FOMC statement prompted a market response that was highly unusual...

Food Stamp usage in America has fallen 7.8% since President Trump's election - the fastest such drop in Americans' dependence on the state for sustenance ever

Well, that wasn't supposed to happen...

The ECB finally pulled up that chart showing the collapsing Citi Eco surprise index...

We are sure he has good reason - of course he does - but if anyone thinks that Draghi killing QE is anything to do with economic strength or an EU renaissance, think again...

The beginning of the end of Europe's QE is here.

Before everyone freaks out of over the end of the ECB's QE, it may be worth taking a look at what is going in China's "hard landing" economy.

With the dollar failing to benefit from yesterday's surprisingly hawkish Fed meeting, traders are confident that the only alternative is for the Euro to surge this morning after the ECB announcement.

While the Germans would be delighted to see the abomination of the bond-buying programme ended, and Brussels will be delighted to hail normalisation as vindication of economic recovery, the Italians can be pretty confident Draghi will “do whatever it takes” and pull something out his hat to avoid a BTP led meltdown.

US futures are flat after a torrid 24 hours, which saw European and Asian stocks decline as traders digested the latest Fed rate hike and prepared for the final surprise in a juggernaut week, this time from the ECB.

Here is what to expect from Mario Draghi when he takes the microphone in Latvia tomorrow at 8:30am when he may unveil the end of Europe's QE

Soon...

...the combination of rising U.S. interest rates and fiscal deficits is like a "suicide mission"

The high cost of living and tepid wage growth remain key concerns for households, but not enough to hold back consumer activity which accelerated.