SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (2163)10/17/2014 3:06:10 PM
From: Ken Adams  Respond to of 26456
 
Hi Chip,
Your note made me smile at how much alike we humans are. I have friends, even relatives, who fit virtually every category you cited. I am often amused at how many of my Colorado Native friends and former classmates never took up skiing. In fact, the majority of us never had much interest in it. It's much more "in" today than back then.... and a good deal more expensive!

I don't have a single relative here in Colorado anymore. My brother in FL is encouraging me to move there. I have a daughter in Ohio and a son in Wyoming. As much as I care for both of them, I have no desire to live in either place. Florida might work. I'm considering buying a condo there for each winter, returning to CO for the summers. That's a 4 day drive each way, which I absolutely dread. Lots to ponder as we age.....



To: Chip McVickar who wrote (2163)10/21/2014 9:53:40 AM
From: Kirk ©  Read Replies (1) | Respond to of 26456
 
Very interesting article about the EU CB buying regular bonds soon. Also, Draghi wants Germany to bail water from the EU lifeboat into their own lifeboat... ie German austerity works for them but he wants them to issue more debt to stimulate growth if I read the article correctly.

Exclusive: ECB looking at corporate bond buys, could act as soon as Dec - sources
BY ANDREAS FRAMKE, EVA TAYLOR AND PAUL CARREL
FRANKFURT Tue Oct 21, 2014 2:00pm BST

(Reuters) - The European Central Bank is considering buying corporate bonds on the secondary market and may decide on the matter as soon as December with a view to begin purchases early next year, several sources familiar with the situation told Reuters.
...
Policymakers are desperate to revive the euro zone economy, which is barely growing and dogged by low inflation of 0.3 percent, far below the ECB's target of just below 2 percent.

The ECB has already carried out work on corporate bond buying, which would widen out the private-sector asset-buying programme it began on Monday. It is hoping these measures will foster lending to businesses and thereby support the euro zone economy.
...
Stressing that the ECB alone cannot tackle the euro zone's woes, central bank president Mario Draghi has urged crisis-hit countries to get their economies into shape with reforms.

He has also made a thinly veiled appeal for Germany to embark on a round of deficit-funded investment spending. But with Germany wedded to strict budget discipline and other countries taking time to implement structural reforms, markets are looking to the ECB to do more.
...
Draghi has heightened investors' expectations by saying the ECB's asset purchases should help expand its balance sheet back towards levels seen in early 2012, when it briefly topped 3 trillion euros. The balance sheet now stands at some 2 trillion.