Economy 52,861 Posted September 9, 2014 Share Posted September 9, 2014 http://www.chicagotribune.com/sns-wp-blm-news-bc-draghi-dividend09-20140909-story.html For a while now there was was speculation that the European Central Bank would further cut rates and even start QE which has driven European yields lower Europe did indeed cut rates and QE was announced for private sector purchasses. Government bonds may be included in QE Mario said if recovery continues to stagnate This has led some European investors to seek yields in the US as more risky Countries in the EU dont pay much more at the moment anyway As a result bond yields have not been rising the past 6-8 months even as the US reduces quantitative Easing and the economy improves! The US is enjoying low stable interest rates while simultaneously the economy recovers which typically does not happen at the same time Link to post Share on other sites More sharing options...
Melech 9,900 Posted September 9, 2014 Share Posted September 9, 2014 Then let's hope EU gets better. Link to post Share on other sites More sharing options...
Azor Ahai 18,861 Posted September 9, 2014 Share Posted September 9, 2014 I'm not trying to be rude but can't we have a big thread with all the latest economic news? You like to update very frequently and that would be better done in a big thread rather in smaller ones. :) Link to post Share on other sites More sharing options...
Luc 4,776 Posted September 9, 2014 Share Posted September 9, 2014 I'm not trying to be rude but can't we have a big thread with all the latest economic news? You like to update very frequently and that would be better done in a big thread rather in smaller ones. :) No Humanitarian ECB saving countries, continents, banks, governments, individuals and nations from bankrupcy but this will probably affect the dollar course, and cause for less export from the US, right? Link to post Share on other sites More sharing options...
Diamond Heart 4,400 Posted September 9, 2014 Share Posted September 9, 2014 I'm not trying to be rude but can't we have a big thread with all the latest economic news? You like to update very frequently and that would be better done in a big thread rather in smaller ones. :) All the things this user posts are related to the economy, but theyre all different aspects and areas of it and i think they each deserve their own thread tbh "GGD IS NOT FOR YOU" - Admin Link to post Share on other sites More sharing options...
Hecturr 1,937 Posted September 9, 2014 Share Posted September 9, 2014 lookin good Link to post Share on other sites More sharing options...
Economy 52,861 Posted September 9, 2014 Author Share Posted September 9, 2014 I'm not trying to be rude but can't we have a big thread with all the latest economic news? You like to update very frequently and that would be better done in a big thread rather in smaller ones. :) we tried that before. the thread just went forgotten each time i didnt update it for more than 3 days. and people would forget to check if there were updates and no one saw anything so i just went back to reporting new news Link to post Share on other sites More sharing options...
Economy 52,861 Posted September 9, 2014 Author Share Posted September 9, 2014 No Humanitarian ECB saving countries, continents, banks, governments, individuals and nations from bankrupcy but this will probably affect the dollar course, and cause for less export from the US, right? it will devalue the Euro against the Dollar yes (and every other currency for that matter). So exports from the US to Europe will be less competitive But as the US economy improves and inflationairy pressures will soon start to rise, but incomes are still stagnant and rake hikes might still not be wanted, a higher currency can help ofset that inflation. May actually be a good thing for now Also the US is more domestic than most Countries. It produces more of its own stuff due to its high population and large metropolis... exports only make up 10% of the US economy and they import a smaller percentage of their stuff than many Countries The Currency exchange rate doesnt affect the US economy as much as it would affect most economies Link to post Share on other sites More sharing options...
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