ECB Stimulus exceeds forecasts

The European Central Bank announced a monetary stimulus package that exceeded most economist’ expectations and may be just what the doctor ordered to bring life back to the European Union’s economy.  The Los Angeles Times reported (CLICK HERE to view article) that the ECB will enter into a bond buying program through September of 2016  Read more ➝

Deflation Fears Likely Overdone

In the January 11, 2015 issue of the Los Angeles Times, Tom Petruno examines Wall Street’s latest “Worry Du Jour”, Deflation and provides ample evidence that deflationary fears are likely overdone. Although it is true that energy prices have recently fallen dramatically, healthcare and food costs have not followed.  Also, lower energy prices are usually  Read more ➝

This Era of Low-Cost Oil Is Different

In a recent LinkedIn post, Mohamaed El-Erian, Chair, Investment Advisory Committee at Microsoft, makes the case for lower oil prices for some time to come–the political and economic consequences of which could be dramatic.  CLICK HERE to view his post.