Interesting article in Zerohedge about Goldman's analysis of the ECB options and upcoming meeting this week.
http://www.zerohedge.com/news/europe-ja ... ate-assets
Do you think the ECB will announce something major? And, if they do announce private asset purchases this week, what effect do you think it will have on the markets? What effect will it have on the PP? Would the effect be similar to QE3 from the Fed?
Goldman expects the ECB to start purchasing private assets
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Goldman expects the ECB to start purchasing private assets
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Re: Goldman expects the ECB to start purchasing private assets
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MachineGhost
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Re: Goldman expects the ECB to start purchasing private assets
It does not really matter when or what the ECB announces. All they can do is provide liquidity when the problem in Europe is insolvency. Insolvency can only be resolved by member states growing a pair and dealing with the issue instead of kicking the can down the road by hoping for bailouts.Storm wrote: Interesting article in Zerohedge about Goldman's analysis of the ECB options and upcoming meeting this week.
http://www.zerohedge.com/news/europe-ja ... ate-assets
Do you think the ECB will announce something major? And, if they do announce private asset purchases this week, what effect do you think it will have on the markets? What effect will it have on the PP? Would the effect be similar to QE3 from the Fed?
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Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!