http://www.nytimes.com/2012/07/30/business/global/showtime-for-draghi-at-european-central-bank-meeting.html?hp
Thursday, Aug 2nd, Mario Draghi is set to announce the strategy to save the Euro, and perhaps the world financial balance.
More here:
charles hugh smith-Bernanke and Draghi Are Dangerous
The last paragraph:
The past week was up... Charles Hugh Smith has been looking for the big downturn, led by the Euromarket. Every tipping point has been offset by another kick of the can, and electronic trading has helped create the upsy downsy charts. Topped by "the dome".
http://www.oftwominds.com/blogjuly12/this-is-the-top7-12.html
Not a time for the faint of heart.
Thursday, Aug 2nd, Mario Draghi is set to announce the strategy to save the Euro, and perhaps the world financial balance.
More here:
charles hugh smith-Bernanke and Draghi Are Dangerous
The last paragraph:
Let's enjoy the central-bank inspired market rally while it lasts. It comes at an unbearable cost that will have to be paid some day, and perhaps not as far in the future as the worshippers of the Federal Reserve believe.
The past week was up... Charles Hugh Smith has been looking for the big downturn, led by the Euromarket. Every tipping point has been offset by another kick of the can, and electronic trading has helped create the upsy downsy charts. Topped by "the dome".
http://www.oftwominds.com/blogjuly12/this-is-the-top7-12.html
Not a time for the faint of heart.
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