Bitter Coffee.

A spoonful of sugar, helps the medicine go down.

Advertisements

After All That Hype.

Aaand that’s the week.

‘Draghi Delivers His Classic’: One Bank’s Take On The ECB And How To Trade It

Dovish rabbit out of a hawkish hat.

When Doves Try.

This is what it sounds like.

Draghi Sticks Impossible Dismount, Puts Dovish Spin On QE Expiration Date While Simultaneously Adopting Date-Based Rates Guidance

Well, say what you will about the relative merits of Jerome Powell’s “plain English” approach to press conferences, but Mario Draghi just delivered a clinic in how to do this “right.”

Giovanni Tria Knew Just What To Say To Get You Idiots To Panic Buy Italian Bonds And Stocks On Monday

Come on in, it’s safe!

No Resolution.

Aaand that’s the week.

Fly Eagles, Fly.

A listless Tuesday.

Pardon Him.

Put on your tinfoil hats and let’s make some damn money.

‘It’s Difficult To See A Clear Path Towards Resolution’: When It Comes To Italy, Grab Your Magic 8 Balls

Spinning plates.

Tumult.

Aaaand that’s the week.

Italy Has A Maybe Government, Spain Has ‘No Confidence’ And Generally Speaking, Europe Is All ‘WTF’?

Good luck trying to figure all of this out.

In Europe: A Tenuous Calm

It’s a good thing no one is planning on introducing any further uncertainty into the mix. Oh, wait…

Opposite Day.

Like yesterday, only completely different.

Keep Calm, Hold Cash, Watch The ISDA Basis And Buy This Crazy 5X Leveraged Short BTP Product

Decisions, decisions. Damn these decisions.