Sure, There are apocalyptic events in the stock market, but the media makes them sound almost routine even though they are few and far between. Market attention via the media has been wrapped around another Fed fund rate increase as a catalyst for such an event. It is very doubtful that a quarter point increase…
Tag: European Central Bank
What did Mr. Draghi say?
It never ceases to amaze me how the media (specifically CNBC) seems to consistently get it wrong. And, yesterday it seemed to be almost intentional. Wednesday, March 9, all were eagerly awaiting Thursday morning’s European Central Bank (ECB) policy pronouncement. When it arrived via ECB Chair Mario Draghi, the markets in Europe and the US…