And with Lafontaine resignation comes this..
quote.yahoo.com^GDAX&d=t He was the proponent of new interventionist theory, he was fingering the ECB to cut rates, he wanted to resolve the structural problems of the economy thru monetary measures. The market is dancing and it will be good news for the stocks in France and Europe at large, atleast we know that ECB is not under the control of lefties, the new lefties like Lafontaine have longterm negative impact on the market, they were bearing heavy on the market .. Imagine if ever AG was subject to a pressure from a leaning liberal from 'Hubert Humphrey- Carter school of Economic management representing 'the maliase era of the economy' urges AG to cut interest rate so as to ignite any faltering growth, this political internvention would kill the US stock market, a relief rally in progress points out to this fact that political pressure is off. If you have ever a question on political ramifications on economic cycle, your Uncle Ike will be the most pertinent man to answer.gg Pose a question I will answer it in two minutes with back ground and rlevance. market direction is slave of 'analytical' economy, once you master the trait Sky is the limit.. Love and reagrds, Continuing education and raising the hurdles is the only way to leanr the intircacies of market, we at Idea try to do it the conventional mom and pop.. |