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Thursday Flip Flop: Can Draghi Deliver The Goods?

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.
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Draghi Gains Evaporate, Europe Ends Week Unchanged

Business & Finance : Zero Hedge (last year)

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

Euro Plunges After Draghi Says Eurobanks Have Liquidity Crisis, Finland And Spain FinMins Say No Need For EFSF Expansion

Business & Finance : Zero Hedge (3 years ago)

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

Is Draghi's Bond-Buying Dream Circling The Drain As ECB/Bundesbank Lawyer Up?

Business & Finance : Zero Hedge (2 years ago)

Following closely on the heels of our recent (now must read) discussion of the potential illegality of Draghi's OMT, Reuters is reporting the somewhat stunning news that the ECB and Bundesbank are getting lawyers to check the legali... Read Post


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