Rate Hikes Always Spook InvestorsFriday’s big “fear of a rate increase” selloff in stocks was not getting a bearish follow-through during Monday’s session. While it is too early for the bulls to declare victory, the Fed has been telegraphing a rate hike for some time. From The Wall Street Journal:
“It just feels like people are starting to shrug off the […]
The major market indices rallied up and kissed the 50dma today, as the European Central Bank did as expected and announced they were going to print and print and print. The goal being to keep interest rates low, pump up asset prices, try to avoid deflation, or just be seen as trendy and cool. After all, everyone is doing it […]
The new European Central Bank headquarters in Frankfurt.Photograph: BORIS ROESSLER/EPAGood morning, and welcome to our rolling coverage of the financial markets, the world economy, business and finance.It’s the start of a busy week. Investors are poised for Thursday’s European Central Bank meeting, where Mario Draghi might finally announce a sovereign bond-buying programme.Anticipation of a big QE package has driven government […]
