Recent Posts

ECB reaches again for bond-buying bazooka

Last week’s news headlines were dominated by hawks on the European Central Bank’s (ECB) governing council pushing back against the restart of quantitative easing. It’s a sure sign that Mario Draghi, the soon-to-depart ECB president, is readying the bond-buying bazooka once again. He has little choice but to ignore the protests of Germany, France and the Netherlands. As central banks ...

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Screen size is the new generational divide

The generational divide is described and defined in many different ways, some more empirical than others. Many of these theories are speculative rather than confirmed, so in that spirit I would like to offer my nomination for what is truly the dividing force: screen size. In a nutshell, younger people today are very comfortable with a small screen and older ...

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US futures drift as stocks in Europe, Asia advance

Bloomberg US stock-index futures drifted, failing to pick up momentum from a broad advance in equities in Europe and Asia after more signs emerged that China will move to lessen the trade war’s repercussions. Oil futures rose with the dollar. Gains in the Stoxx Europe 600 Index came in part from the strong rotation into cyclical sectors that had lagged ...

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