What’s going on? The European Central Bank promised to keep eurozone bond yields from rising. What does that mean? Like the US, the eurozone’s pumped lots of money into the economy to keep things stable throughout the pandemic. Now that a recovery’s near, investors are worried that those money would lead to inflation, forcing the…
Tag: European Central Bank
Ep 80: On The Pull
What’s Going On Here? With Germany’s unemployment rate unexpectedly falling in November, the country might now dig its heels in more than ever against the European Central Bank (ECB). What Does This Mean? The ECB has long been calling for Germany to boost its economy through extra public spending, but positive unemployment data might give the country’s…
Ep 42: Wait Up, America
What’s Going On Here? It’s official: European stocks have entered a “bull market”. And poor recent economic data may actually be helping. Bull market is a market in which share prices are rising, encouraging buying. What Does This Mean? The stock prices of Europe’s largest companies had risen 20% above their December doldrums. That entry into a bull…
with HT 