There was some thrilling action in financial markets last week. In the last 10 days EURUSD is up 600 points, the S&P 500 is comfortably above 1,450 and Brent crude oil is testing $117 per barrel and may test $120 in the coming days. The chief drivers have been stimulative monetary policies from the Federal Reserve in the US and the European Central Bank in the Eurozone. Both banks have pledged “unlimited” support to sort out their respective problems and for the first time since the financial crisis broke out in 2008 the Fed and the ECB have said they won’t stop until the problems are solved. This is aggressive ... (full story)