Draghi Delivers Moar Promises – Stocks Jump As EUR, German Yields Dump

by Tyler Durden
ZeroHedge.com
10/22/2015

Surprise! A central banker promises moar of the same… and once again the goldfish-like-memory of market particpants forgets that this has all been priced in a thousand times and buys his bullshit. EUR dumped 150 pips to a 1.11 handle, 2Y German notes tumbled 6bps to -32bps, European and US stocks are surging (as USDJPY rises) and US Treasuries have reversed early gains amid equity gains.

The Rest…HERE

This entry was posted on Thursday, October 22nd, 2015 at 9:18 am and is filed under Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.