ECB

European Stocks Up As Greece Deal Seems Likely

By Monday, June 22, 2015

Greece DealOn Monday June 22nd, Greece extended an olive branch to its European creditors by proposing structural reforms to its welfare state.European markets took a dive last week when negotiations stalled over how to best reform Greece’s pensions system. International Monetary Fund (IMF) negotiators, backed by the EU and Germany, insisted on deep cuts to benefits.Many view it as Greece’s only path to fiscal sustainability—the surest way of hitting. Read More

Highest European Court Backs ECB Stimulus Program

By Wednesday, June 17, 2015

European Court Affirms Draghi’s Stimulus ProgramThe most important instrument in the European Central Bank’s (ECB) crisis-fighting tool chest has been approved by the EU’s highest court, giving authorities the equipment they need to fight a potential financial crisis in Europe.On Tuesday, June 16th, in a precedent setting decision, the EU’s highest court approved a sweeping monetary stimulus program from the European Central Bank. When European stocks were in freefall and bond yields were skyrocketing,. Read More

Greece and its Creditors Fail to Compromise

By Monday, June 15, 2015

Greece and its Creditors FailNegotiations between Greece and its European creditors fell apart on Sunday as delegates came to an impasse over spending cuts. To fund the interest payments on its debt to the International Monetary Fund (IMF), Greece must find a resolution before June 30, 2015. The European Union (EU) ceased its aid program to Greece 10 months ago, adding pressure to reach a deal. (Source: The Wall Street Journal, June 15,. Read More

ECB Raises Inflation Forecast; Greek Debt Talks Uncertain

By Wednesday, June 3, 2015

ECB Says QE is Working WellEuropean Central Bank (ECB) President Mario Draghi said on Wednesday, June 3, 2015 in Frankfurt that the bank would maintain a steady policy and outlook through bond market volatility. He also said that the ECB is ready to provide more economic stimulus to ensure it meets its inflation target. (Source: European Central Bank, June 3, 2015.)According to the European Union’s statistics agency, annual inflation in the eurozone was 0.3%. Read More

Why the Euro and Dollar Could Reach Parity Soon

By Thursday, May 21, 2015

ECBOn Tuesday, May 19, the euro fell almost one percent against the U.S. dollar. This was mainly due to a top-ranking executive at the European Central Bank (ECB) signaling that the central bank will increase the pace of its bond buying. (Source: Financial Times, May 19, 2015.)The ECB has embarked on quantitative easing (purchasing bonds) since March of this year. It plans to increase its bonds purchases in May. Read More

Three Statistics That Say No Economic Growth Yet

By Friday, January 23, 2015

ECB Money PrintingLook at any newspaper or watch any financial news channel and you will hear someone saying the U.S. economy is growing. To prove their point, they will refer to gross domestic product (GDP) figures and unemployment data.Yes, the GDP numbers and the unemployment picture do look better, but our economy is still in very big trouble.. Read More

Gold Market Setting Up to Reward Investors

By Wednesday, November 19, 2014

Gold Market Setting Up to Reward InvestorsI’ve been singing the same song to my readers all year: look at dips in the price of gold bullion as an opportunity to buy more of the metal.When gold fell below $1,150-an-ounce in early November and so many analysts came out with the prediction of $1,100 or $1,000-an-ounce gold, I was writing about what a bargain gold stocks had become. (See “Prices of Gold /Silver Companies to Double. Read More

The Nine-Month Check-Up

By Wednesday, October 1, 2014

Nine-Month Check-UpWith nine months behind us this year, today we look at how two popular forms of investment have done in 2014 and where I think they are headed for the remainder of the year.Starting with stocks, the Dow Jones Industrial Average closed yesterday up 2.8% for the year. Given the risk of the stock market, 2.8% is no big gain. I wrote at the beginning of 2014 that the. Read More

The Only Sector I See with a Ten-to-One Return Potential

By Friday, June 27, 2014

Shattering the Myth Behind Interest Rates and GoldWe are hearing more and more about interest rates getting ready to rise. The Federal Reserve itself has said it expects the federal funds rate to increase to 1.5% by the end of next year and to 2.25% by the end of 2016.Before the Fed came out with its forecast, I was writing about how the Fed will have no choice but to raise interest rates because inflation is. Read More

Negative Interest Rates: They’re Here

By Friday, June 6, 2014

What Happens When You Toy with Nature's Boom & Bust CyclesIn 2012, I predicted that if the Federal Reserve couldn’t get the economy growing again, it would take interest rates into the negative zone.Well, yesterday, the European Central Bank (ECB), the second-biggest central bank in the world, trumped the Fed and became the first major central bank to offer depositors negative interest rates.What does “negative interest rates” mean?Each night, major banks in the eurozone collectively deposit USD$1.0. Read More

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From: Michael Lombardi, MBA
Subject: Golden Opportunity for Stock Market Investors

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