Posts Tagged ‘ European Central Bank ’

Fed Effects on Europe

May 1st, 2008 | By Whiskey Contributor | Category: Macro Economics
Markets exaggerate in both directions. They create bubbles of overvaluation when expectations are high; they create troughs of undervaluation when expectations are low. At the present time, there is a struggle between optimism and pessimism, in which London is a good deal more optimistic than New York or Washington. The Bank ...read more

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Posted in Macro Economics | 5 comments


The Dollar’s Continued Fall

Mar 7th, 2008 | By Adrian Ash | Category: Commodities, Currencies
“Those who oppose reform may get revolution.” — John F. Kennedy, speaking of Latin America in 1962 THE EURO HIT FRESH ALL-TIME HIGHS VERSUS THE DOLLAR already this month — and we’re only one trading week in. So might U.S. investors want to switch out of gold bullion ahead of Easter this year ...read more

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The Global Effect of the U.S. Dollar

Feb 5th, 2008 | By Adrian Ash | Category: Currencies, Macro Economics
From Credit to Money, Part II “Living in a credit era, we cannot go back to a currency era without massive upheavals.” — Robert L. Smitley, Popular Financial Delusions (1933) WHY DON’T WE JUST DO AWAY WITH all the different currencies of the world and settle on one single money to buy, sell, ...read more

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Euros, Gold and the FT’s Person of the Year

Jan 23rd, 2008 | By Adrian Ash | Category: Currencies, Gold
“Who suffers most from inflation? Who suffers most from rising prices? It’s the poor, not the rich. The rich can protect themselves from inflation; poor people can’t.” — Jean-Claude Trichet, head of the European Central Bank (ECB) THE FINANCIAL TIMES CHOSE JEAN-CLAUDE TRICHET — head of the European Central Bank (ECB) — ...read more

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