Monthly Archives: December 2011

Central banker in training

We are having a pullback in the market after the new ECB head Mario Draghi quashed some hopes of ECB being involved in solving the Euro crisis by lending to the IMF. Last Thursday in a speech, Draghi had mentioned … Continue reading

Posted in Uncategorized | Leave a comment

Some positive developments in Europe

We are seeing some positive developments in Europe which could lead to a more sustainable solution to the European crisis. The first positive indication came from the new ECB chief Mario Draghi last Thursday where he indicated that if there … Continue reading

Posted in Uncategorized | Leave a comment