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Where Independent Traders, Investors, and Dribblers Thrive
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Makes no sense she said what she was going to say – shows you how many dollar bulls there really are trying to push this thing and then have to get out of the averaged add – how feels to me anyway. Draghi is the bulls last hope – well until Monday
Mario Draghi begins in Jackson Hole and Euro pops to highest level since Jan 2015 trades to 1.1940
Highlights
Without stronger potential growth, the cyclical recovery we are now seeing globally will ultimately converge downwards
We need to raise potential output
Openness to trade is under threat
These events are simply a gathering of bankers to pat each others backs
seldom is anything revealed, seldom anything is learned
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