Panmure: Draghi’s QE Will Fail, 2015 Will Be The Year Of “The Great Unwinding”
by Tyler Durden
ZeroHedge.com
01/21/2015
As everyone knows by now, tomorrow the ECB will announce a QE plan that monetizes some €50 billion (and maybe more) in European government bonds per month, although Greece may be left out in the cold. It is also the reason why while European stocks have priced in more than 100% of the full impact of a €1 trillion QE, those gains are about to be wiped out. Here’s why according to Panmure Gordon.
The Rest…HERE
