When it comes to monetary policy (interest rates), policymakers and their views are characterized by types of birds. Those who believe inflation is running too hot and want stimulus removed from the economy are called inflation hawks. 🦅 (The eagle emoji will have to do –…
Tag: ECB
Midweek Macro – 6.17.2020
The first headline I read this morning was “Stocks pare gains on second wave fears” while the second read “Stocks rally on COVID recovery optimism.” – as they say in Germany, klar wie Kloßbrühe! S&P futures show the market for…
Midweek Macro – 6.3.2020
“The disconnect between what the average person sees happening in the world and what they see happening in the financial markets is getting wider and wider”-Marshall Gittler, BDSwiss Global markets continue to rally this week, amidst ongoing civil unrest in…