Macro Notes
Break time for global cheap money credit traffickers?Peter Boockvar
For those European banks who enjoy the drug of cheap money, get it while you can (next Wednesday) because the supply may stop according to ECB member Nowotny who said "I personally don't see any further need for action." ECB members know the dependency they are attracting and know the dangers that it entails according to other recent comments. Bloomberg's survey of economists has the mean take from the ECB at 470b euros vs 489b in the 1st one. After the recent QE actions by the BoJ, BoE, next week from the ECB and the Fed's last move to keep...
read more ?Source: http://www.ritholtz.com/blog/2012/02/10-google-tips-for-every-small-business-owner/
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