The Only Way to Make Real Money in the Markets

Jon Alternative Media, Economy, Market Commentary

Knave or Fool?
WATERFORD, Ireland – Markets were calm on Monday. Investors wanted to panic, as usual, but didn’t know what direction to take.
We’re not sure either. On the one hand, the world economy is slowing down. On the other, Mario Draghi has announced again that he – not willing buyers and sellers – will determine consumer prices.
And he wants to see them go higher. No kidding. Bloomberg:
‘European Central Bank President Mario Draghi set the scene for further stimulus in two weeks’ time, saying the institution will do what’s necessary to reach its inflation goal rapidly. The euro fell.
‘If we decide that the current trajectory of our policy is not sufficient to achieve that objective, we will do what we must to raise inflation as quickly as possible,’ Draghi said in a speech in Frankfurt on Friday.’

This post was published at Acting-Man on November 25, 2015.