The Case of the Swirling Euros

The Case of the Swirling Euros

In mid-September, local authorities in Geneva, Switzerland were investigating an unexpected deposit. Reuters reported: “…the first blockage occurred in the toilet serving the vault at [a] bank…in Geneva’s financial district, and three nearby bistros found their...

The FED – BREXIT Combo

The world’s stock markets took it on the chin last week. A one-two punch was delivered with the Federal Open Market Committee (FOMC) meeting leading and concerns Britain will leave the European Union following. On Wednesday, the Federal Reserve confirmed what many had...

Markets ❤️ Monetary Easing

Stim-u-late mar-kets! Come on! It’s monetary easing.* The European Central Bank (ECB) was singing a tune that invigorated financial markets last week. The Wall Street Journal explained: “The fresh measures included cuts to all three of the ECB’s main interest rates,...