Germans need to give way. They do not seem inclined. So investor confidence sags.
Draghi fights a lone battle to expand European Central Bank's balance sheet. Fed is Fed and ECB can only aspire as yet.
When in doubt investors return to USA and precious metals.Sell off of assets elsewhere need to be deployed elsewhere. Right now USA looks good. So there could be a good flow into US equities today more because there is nowhere else to go right now.
New York could be a night watchman.
But how long can it last?
Draghi fights a lone battle to expand European Central Bank's balance sheet. Fed is Fed and ECB can only aspire as yet.
When in doubt investors return to USA and precious metals.Sell off of assets elsewhere need to be deployed elsewhere. Right now USA looks good. So there could be a good flow into US equities today more because there is nowhere else to go right now.
New York could be a night watchman.
But how long can it last?
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