Tracking Market Cycles for Global Investors and Traders

Monthly Archives: February 2012

The ECB Gone Wild; Living in Interesting Times

The historically hawkish European Central Bank (ECB) has the single mandate of ensuring price stability in the European Union. In the face of the rapidly unfolding debt deflation collapse of the European banking system in December 2011, the ECB shocked global financial markets with the December surprise of $645 billion in long-term refinancing operations (LTRO).…
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