Yes Draghi as I noted was making statements but others in Europe
have already come out against his first statements so unless they
recant and show support whatever he says, without any action, is
meaningless.
Also the jobs missed estimates but not by so much that it will
force any earlier action then the Fed has already outlined (cue
Matt with a market crack statement).
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My guess: Yes Draghi as I
What happened? Big pop and drop in the premarket
Posted by tom on 2nd of Aug 2012 at 08:45 am
My guess:
Yes Draghi as I noted was making statements but others in Europe have already come out against his first statements so unless they recant and show support whatever he says, without any action, is meaningless.
Also the jobs missed estimates but not by so much that it will force any earlier action then the Fed has already outlined (cue Matt with a market crack statement).