In today’s video, the day of the important ECB decision, we shed light on the situation of the world economy – and the situation of the financial markets! Today the markets are back to the pattern of the last few days. Yields on government bonds are rising. Equity markets as a whole are continuing to rise moderately. And the shifts from growth to value are continuing, albeit at a slower pace. And Trump is obviously getting more nervous about the weaker US economy and the poor polls. He wants to loosen the Iran sanctions (to push the gas price further down. Bolton was against it and was therefore fired) and Trump wants to lower capital gains taxes to improve sentiment. And expectations on the ECB are high.
Current: Draghi pessimistic, indicates bond purchases and interest rate cuts – Dax rises, Euro falls
Desperate Draghi with a new “Whatever it takes” speech? Draghi just spoke at the conference organised by the ECB in Sintra, Portugal -here are the key points of the speech: -the outlook is poor and […]
A few minutes ago the detailed data for German consumer prices for the month of August were published. As announced two weeks ago, the rate is +1.4% (1.7% in July) and the rate calculated for […]
Especially on the stock markets little seems to happen. But below the surface there is a huge bubble! Because the shift of funds from growth to value continues unabated today. After the massive movement yesterday. […]