"The 5yr /5yr inflation swap rate" - it may sound a bit of a mouthful, but it's just a measure of inflation expectations... and right now it's not looking too healthy
ref: - "Decline in inflation outlook raises pressure on ECB to act", The Financial Times, International Section Right......
The ECB and its TLTROS ..... and Aramco's spectacular bond sale.
Increasing supply without increasing demand is a bit like pushing on a rope .... not very effective. ref :- "ECB loans f...
Even for the most bullish, Friday's action has got to be a big worry .....
ref :- General It's all been going on, and not much of it offers any encouragement to those bulls maintaining the faith in eco...
The Fed -- not so much "cautious" as "cooing like a dove"…
ref: - "Fed Keeps Interest Rates Unchanged; Signals No More Increases Likely This Year”, The Wall Street Journal We're...
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