By Phil Davis: Put up or shut up time. We had a very extensive discussion in this morning's Member Chat already, discussing the BOE, the ECB, China, Europe, Apple (AAPL) vs. Samsung, China's draining of liquidity, etc. so forgive me if I'm not in the mood to cover that ground again. What I do find worthy of more discussion is this nice breakdown of the Russell by Bespoke, which highlights how tough things are becoming for small business in America.
So it seems the full decay life of an ECB head is now 25 hours as the gloriously dovish comments from Draghi yesterday (that really said no liquidity withdrawal anytime soon) that spiked stocks up 1-4% across Europe have been batter... Read Post
The EURUSD as expected, is now in free fall mode, following a plethora of statement out of place, after coming ECB head Draghi says the bank in Europe have funding problems (aka a liquidity crisis), the Finland FinMin has said he do... Read Post