jean-claude trichet

What’s Germany’s GDP Without Factories

By |2019-05-07T11:59:32-04:00May 7th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It was a startling statement for the time. Mario Draghi had only been on the job as President of the European Central Bank for a few months by then, taking over for the hapless Jean Claude-Trichet who was unceremoniously retired at the end of October 2011 amidst “unexpected” chaos and turmoil. It was Trichet who [...]

The Long Running Circus of Uncertainty Circles Back

By |2019-04-10T16:21:08-04:00April 10th, 2019|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

Most of the best circuses used to have three main rings. Nowadays, we can only get the occasional show for two on the same day. It is a rare treat when central bankers from two major jurisdictions compete for the world’s misapprehending attention. Today is one of those days: Mario Draghi and the ECB as [...]

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