The BOE, PBOC and ECB show how far marginal returns on central bank action have fallen.
Lorcan Roche Kelly
On Central Bank Coordinated Action
Thursday, July 5, 2012
For Europe, It's the Politics, Stupid
Wednesday, June 27, 2012
Can a clear path to a United States of Europe be coming, with no clarity on Spain's bailout?
Friday, June 15, 2012
Short-term risks from the Greek election are much smaller than markets seem to think.
I Love the Smell of Bailouts in the Morning
Monday, June 11, 2012
For Spain and Spain's banks, it smells like victory. But any rally will be fragile.
Nein! Well, Maybe
Tuesday, May 29, 2012
Germany is softening its stance to keep its place at the head of Europe's table.
What's Greek for "Groundhog Day"?
Tuesday, May 15, 2012
Failure to form a Greek government means another election, more volatility, more tail-risk.
On the French and Greek Elections
Monday, May 7, 2012
The Greek dog is barking again -- but the euro area caravan will move on.
On the May ECB Rate Decision
Thursday, May 3, 2012
Mario Draghi gives a supply-side economics lesson to euro area leaders.
S&P Sp BBB = ECB SMP?
Friday, April 27, 2012
Spain: ratings down, unemployment up. But this is no crisis, and the ECB won't act.
A French Election Correction
Monday, April 23, 2012
Whether with Hollande or Sarkozy, France will support European integration and reform.