Europe Crushed


On one side of the pond charges the Keynsians, the other side Austrian Monetarists, investors want the free cash flow spent on buybacks and dividends, policy makers want new factory’s and corporations stuck with their hands in their pockets. Is it no surprise that the global growth profile is stumbling and now after many months of willful blindness, euro markets have started a worrying decline which no doubt will pull our NA markets down as well. I think very soon, maybe this week, the US Fed will have to announce a Q3 of sorts…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: