21
Nov
Uncertainty is the word of the moment. Uncertainty about global trade, about Brexit, about recessionary
tendencies, about the situation in the Middle East, about… Yet, markets seem to have learned to cope with this
environment and market participants seem to have understood that global central banks keep their
expansionary monetary policies in place and are attentive to any signs of shortcoming. While we think that the FED is done for 2019, the European Central Bank’s (ECB) new asset purchase program has just...