Not Buying The New Stimulus

By |2019-03-07T17:30:23-05:00March 7th, 2019|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

What just happened in Europe? The short answer is T-LTRO. The ECB is getting back to being “accommodative” again. This isn’t what was supposed to be happening at this point in time. Quite the contrary, Europe’s central bank had been expecting to end all its programs and begin normalizing interest rates. The reaction to this [...]