Greece is playing a very dangerous game of chicken with its creditors and the European Central Bank (ECB).
The Fed is done with QE, but the European Central Bank’s foray into this economic experiment is just getting started.
The most salient issues worrying investors now are the fiscal cliff and Greece. Which should they be more concerned about?
The European Central Bank met this week and announced that it will buy an unlimited amount of sovereign debt from euro area countries in a new sterilized plan.
The July jobs report was better than expected but still not good enough.
The European central bank met this week and made no changes to policy, though they may take action in coming weeks.