Monthly Archives: February 2015

Central Banks: the great illusion, for now … by A.D

mirage Dear all, It seems like nowadays, the most followed / most important market news are not anymore data (employment, GDP, inflation, corporate profits etc.) but rather speeches from Central Banks presidents.  And if I had to give an Oscar to the best of them, I would no doubt give it to Draghi as up until recently, he had managed to lift the markets without hardly spending any Euro so! The same cannot be said about Kuroda for instance. Fundamentals don’t matter so much anymore, or when they do,