MORNING BID EUROPE-A breather but no real respite
Markets have been likened to a drug
addict looking for the next fix. Or maybe it’s like being in a
relationship with an alcoholic and always hoping for recovery
(according to one analyst). Well, central bank stimulus has for
years been that fix, but these days there is also the trade war,
with markets swinging up or down on every headline as the Dec.
15 deadline for extra tariffs approaches. After U.S. President
Donald Trump’s disappointing speech on Tuesday, they’ve latched
o
addict looking for the next fix. Or maybe it’s like being in a
relationship with an alcoholic and always hoping for recovery
(according to one analyst). Well, central bank stimulus has for
years been that fix, but these days there is also the trade war,
with markets swinging up or down on every headline as the Dec.
15 deadline for extra tariffs approaches. After U.S. President
Donald Trump’s disappointing speech on Tuesday, they’ve latched
o
Posted by Reuters