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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (4074)6/13/2001 11:22:19 PM
From: John Pitera  Read Replies (1) of 33421
 
A possible positive for the Euro from Briefing.

Have not heard any specific mention of it today, but a comment last night on CNBC from esteemed global advisor Richard Medley did catch our attention. Medley noted that he has heard speculation that there is already a movement underway to adjust the ECB's policy mandate to focus on growth as well as price stability. While such a change may be a ways away, the fact that Europeans seem to understand the flawed nature of the mantra is at least some semblance of a euro positive.
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