"Hopes are high that Draghi will back up his words with action when the central bank meets Thursday, " said David Brown, the CEO and Chief Market Strategist at the research firm Sabrient Systems (as quoted by Associated Press reporter Matthew Craft). Read More.
  Read more about Draghi's Pledge to Protect Euro Set Off Last Week's Rally

walter / Tag: Euro, Draghi / 0 Comments

david trainerAs an adult, Halloween tends not to be that scary for me--usually.

But after last week’s stock market rally in the face of the deteriorating situation in Europe and the rest of the world, I am afraid…for the stock market and am reminded of fall/winter 1999.

The 4th quarter of 1999 was an absolutely fascinating and terrifying time as my naïve beliefs about market rationality and efficiency were proven patently false.