monetarypolicies
The ECB adopts a new inflation target. Is the European Central Bank mimicking the Fed or doing its own thing? The revolution in central banking is spreading. Following the Fed, the European Central Bank has also modified its target. Last week, after an 18-months review of its monetary policy framework, the ECB published a statement on its monetary policy strategy, deciding to change its goal from “below but close to 2%” to a more symmetric aim of “2% inflation over the medium term”. The most important part of the statement is below: Q2 2021 hedge fund letters, conferences and more The Governin...
ValueWalk
Commenting on the third quarter earnings of Pinterest and today’s trading, Gorilla Trades strategist Ken Berman said:Q3 2020 hedge fund letters, conferences and moreThe Blowout Quarterly Earnings Of PinterestThe major indices are all trading higher at midday, erasing some of yesterday’s steep losses following a weak overnight bounce in risk assets. The blowout quarterly earnings of Pinterest (PINS, +33.9%) buoyed the tech sector, and with Apple (AAPL, +2.6%), Amazon (AMZN, +0.8%) , Google parent Alphabet (GOOG, +2.2%), and Facebook (FB, +5.1%) will all report today after the bell, bulls are ho...
ValueWalk
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