Opening Quotes: Give Them What They Want

Pavlovian.

But sometimes it really is laughable simplistic.
Cynics will continue to ask – legitimately – what happens when the drugs no longer work?
But its no consolation.
Markets will become ever more un-tradable in the process.

Bloomberg: ‘European Socks Gain On Stimulus Optimism’

“U.S. stocks gained yesterday after Reuters reported that central banks are prepared to coordinate action, if needed, to boost liquidity in financial markets. Reuters cited officials linked to the G-20 nations.

Spokesmen at the European Central BankBank of England, Bundesbank, Swiss National Bank and Bank of France declined to comment when contacted by Bloomberg News on the prospect of emergency coordinated action.”

Advertisements
Tagged , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Advertisements
%d bloggers like this: