Joy in Mudville: ECB Stimulus

[errolanderson]

Mario Draghi's comments this morning that the ECB will pour more stimulus (more freshly printed Euros) into Europe's economy hammered the Euro, rallied the U.S. dollar while triggering heavy buying in U.S. equities.

There is definitely joy in Mudville today despite weakening corporate earnings.

[perfecho]

And then in will be the US's turn....

[errolanderson]

http://marktomarket.org/2015/10/22/draghi-throws-door-wide-open-to-december-rate-cut-putting-ecb-credibility-on-the-line/

ECB to maintain QE for foreseeable future and now the potential of a further rate cut. European rates are already in negative territory.

The ECB is now 'all in' on this global poker game . . . .

[perfecho]

So does the pot get split at the end of the game, or who will win?
Or...do we say the dollar is no longer valid and press "reset.."
Even the Bible talks about dismissing debt after 7 years..

[perfecho]

So does the pot get split at the end of the game, or who will win?
Or...do we say the dollar is no longer valid and press "reset.."
Even the Bible talks about dismissing debt after 7 years..

[ramakrishna.thummala@farms.com]

Hdhdjd

Hdjdi udhd iehdu diehd is djd de djd

[cottonpicken]

I think it is 70 years and it's where the word jubilee came from. Also something with "a long life".

[errolanderson]

http://www.cnbc.com/2015/10/23/chinas-central-bank-cuts-benchmark-interest-rates.html

A surprise China rate cut overnight. The 6th consecutive drop in rates over the past year. More ammo for equities over 'n above the ECB stimulus today? . . . .

Who needs earnings when markets have central bankers . . . .

[perfecho]

Yes....your right CP
And about every 80 years, according to "The Crash of 2016", we have a reset, the middle class takes back power from the "economic loyalists".....

[cottonpicken]

1944 was bretton woods.

[cottonpicken]

O for **** sakes the china thing isn't moving the commoditie complex.

They even moved the tier one ratio.

[TOM4CWB]

Errol,

It will be VW, then Mercedes... then Fiat...

And all over a crazy 'Climate Change' religion... that says spend monetary assets... to 'change the world'...

Big Companies are BAD. IPCC and David Suzuki, Al Gorr, and President Obama... not to mention PM Justin... will save this world from certain and impending weather collapses...

Just read about the VW, and every other diesel car Engine Manufacturer... how they meet the bench test... but fail real world driving Nox standards.

Wait... I think I need some laughing gas... just about now... to go along with my Joint! We can go on an Interweb trip... all of us... to a planet far far away...

Cheers! Eat a laced cookie... some Whisky... and the world will be JUST FINE!!! Oh yah... admire the dead naked native women on the 12' by 20' Bill Board with the SCREWpile through her mid section... from the front window... and on the main highway going into town.

God help us all.

[mustardman]

Tom it seems the only way you'll be convinced of global warming is if it was in the bible.


Breaking news September 2015 U.S. warmest on record

[Oliver88]

Al Gore is excited to work with the substitute drama teacher he says and is looking forward to him at the Paris Climate convention.

[bucket]

Tom

Don't feel too bad. The conservatives did ask one of mulroney's sons to run for the leadership.

Not Ben the ctv kid. Mark the businessman.

That's ingenuity on the management of the conservative party.

Better question is where are people we need to lead this country. ?

I don't want career politicians or hacks running this country. We need leaders with a vision and a plan to accomplish a voted on plan. Lay it out to the electorate.

Look at saskatchewan - Wall is spending 2 billion for a ring road back into the city. And paying off his political backers in the process. Nice hey?