Clearly, the markets are still beholden to the continuous
European News. Today's reports (not confirmed) would be another QE
event that increases the money supply. This money then will have to
find a home with stocks and commodities as likely
candidates.
Clearly, the markets are still
Posted by steve on 18th of Oct 2011 at 06:47 pm
Clearly, the markets are still beholden to the continuous European News. Today's reports (not confirmed) would be another QE event that increases the money supply. This money then will have to find a home with stocks and commodities as likely candidates.
http://www.guardian.co.uk/business/2011/oct/18/france-and-germany-move-towards-2tn-euro-fund
could be but ECB has a goal to sterilise all new money
Posted by lebow on 19th of Oct 2011 at 12:15 am
(opposite to Fed). This is one of the problems in Europe - too little liquidity. we will see