Europeans First to Reverse: Draghi Warned Draghi Seventeen Months Ago

By |2019-06-18T12:07:17-04:00June 18th, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It wasn’t the basis for rational analysis, it was a very public admission of bias and error. We don’t know why inflation ultimately will do what we believe it will, they said, we just believe that it will so you should, too. It sounds ludicrous, but it is actually very much in keeping with standard [...]