ECB Statement Recap and Choppy Markets Leave Investors With Many Questions At Year End
Chris Temple joins me today to first recap the ECB statement. While no longer openly buying bonds the central bank did lower growth forecasts. The overall Eurozone picture remains weak and as much as the ECB wants to be hawkish it’s hard to look at the data and markets and believe them. As for US markets the picture also remain foggy. It’s impossible to pick one area and have full confidence. We discuss why.