mario draghi

Tactical Update/Macro Themes

By |2012-06-10T19:14:39-04:00June 10th, 2012|Markets, Stocks|

The investment committee at Alhambra has been very busy these past 2 weeks analyzing the current world economic situation.  Europe sits idle; they are mired in a financial crisis and engrossed in a political chess match.  The rest of the world watches the drama and prays for it to end.  For, resolution could ignite global trade and put their current [...]

Have Courage, Mr. Bernanke

By |2012-06-10T17:02:01-04:00June 10th, 2012|Commodities, Currencies, Economy, Federal Reserve/Monetary Policy, Taxes/Fiscal Policy|

Two central bankers this week, Mario Draghi and Ben Bernanke, started what I hope is a trend of placing blame for our economic troubles where it properly belongs - on the politicians who shirk their public responsibilities. Both bankers were expected to provide hints of future monetary policy accommodation and neither delivered the goods. At the press conference following the [...]

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