Boring. Meaningless. Not even slightly entertaining. These are some observations that I have found on Twitter with regard to the most recent ECB board meeting. I saw, however, a press conference that, if I would have to rank all ECB press conferences on a scale of importance, would certainly make it into the top 3 or even to the first place! Especially if you are a precious metals investor. Let me explain why.
... »At the ECB: Abnormal Monetary Policy is the New Normal
May 16 2018
Edin Mujagić
Fed Must Get Used to Higher Growth, Increasing Inflation
February 28 2018
What a difference can a few days make! When on February 2 it was announced that wages in the U.S. rose by 2.9 percent (and that, after a revision, wages in December rose a bit more than previously estimated), stock market prices began to swing violently. Stock market indexes lost hundreds of points per minute and long-term interest rates rose to heights last seen in 2014. At times, investors even began to believe that the official rate in the US will be raised four times and not three times, as
... »Edin Mujagić
The Crisis Ended but Policy Remains in Crisis Mode
February 7 2018
Finally. After a few disappointing and downright poor years of economic growth, we concluded an economically excellent year a few days ago. And, as it appears now, we will inaugurate an equally strong year. A good moment to celebrate, right?... »
Edin Mujagić
End of QE and First Rate Hikes Around the Corner in the Eurozone?
January 23 2018
Will the European Central Bank (ECB) raise interest rates – currently at zero percent – earlier than the market until recently was anticipating? A recent report led markets to speculate about an earlier rate hike. Is such speculation well-founded or do markets exaggerate once again?... »
Edin Mujagić
