A broad-based asset purchase program is all but inevitable for June. But will it matter?
Lorcan Roche Kelly
No Pain, No Ukraine
Tuesday, April 15, 2014
Almost a war now, but no escalating sanctions. Why would Europe suffer for a failed state?
Why Putin is Smarter than Stalin...
Wednesday, March 26, 2014
...and Merkel is smarter than Hitler. Both have learned from historical necessity.
Crimea Doesn't Pay
Tuesday, March 11, 2014
Europe might appease Russia -- is it just too expensive to fight a sanctions-war?
Renzinomics Renaissance
Thursday, February 20, 2014
Once more with feeling: an unelected prime minister brings supply-side reforms to Italy.
When PIIGS Fly
Monday, February 10, 2014
They're the best performers in 2014, despite assaults from emerging markets and Germany.
On the ECB January Policy Decision
Thursday, January 9, 2014
Euro area inflation is far below the ECB's target -- but why take any risk to fix it?
On the November ECB Policy Decision
Thursday, November 7, 2013
With QE ruled out, the ECB has pretty much fired all its bullets. The euro area is on its own.
Europe's Ghosts of Stress Tests Past
Tuesday, October 22, 2013
A risk-off spasm over ECB bank tests ignores the euro area's quantum turnaround.