Beyond Bulls & Bears

Greek Drama Extends Its Run

Greek Drama Extends Its Run

Greece’s departure from the eurozone would probably be more of an emotional than an economic tragedy for the region, in my view. Greece is very much a Greek problem, and its exit from the eurozone would indeed be very detrimental to Greece’s economy.

QE Train Arrives at Eurozone—Finally

QE Train Arrives at Eurozone—Finally

The European Central Bank's (ECB's) plan to purchase €1 trillion in bonds ... demonstrates that the ECB not only talks, it also acts, which is important for market psychology.

Draghi Crosses the Rubicon while Juncker Peddles “Europhemisms”

Draghi Crosses the Rubicon while Juncker Peddles “Europhemisms”

When the head of the ECB makes a speech in Frankfurt—the ‘temple’ of central banking—it’s incumbent on those of us who work in the markets to listen to the sermon and draw our own conclusions…that’s the power of active management.