.. it's ridiculous to talk all the time about risks and who is guilty as the only risk is coming from the autocratic acting central banks ... THEY are the market makers, THEY are causing volatility when they need it and THEY are continuously robbing all the investors and traders ...
ECB preview: On taper auto pilot
Almost needless to say, the risks of a trade war and Italian (fiscal) politics harming Eurozone sentiment have not disappeared and could easily gain traction in the coming months. However, it would need a severe new euro crisis for the ECB not to bring QE to an end. In this regards, Italian calls on the ECB to extend QE beyond December this year should meet with deaf ears. At next week’s meeting, macro developments and the next round of ECB staff projections should dominate the discussion. This time around, there should be very little impact from changes in the technical assumptions. After some fluctuations over ... (full story)