Thursday, March 5, 2015

Why Warren Buffett is so right in the timing of his entry in to Europe:


According to the ECB President Draghi euro area annual HICP inflation was / expected to be 

  -0.6% - January 2015
 -0.3 % -  February 2015,.
0.0 % in   2015
1.5 % in  2016
1.8 %  in 2017
"Supported by the favourable impact of our recent monetary policy measures on aggregate demand, the impact of the lower euro exchange rate and the assumption of somewhat higher oil prices in the years ahead, inflation rates are expected to start increasing gradually later in 2015."

For 2016, growth of 1.9% is now expected, up from a previous 1.5%.

It looks like it is sell and buy time for the euro.




Without any risk or responsibility.

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