Archive for July, 2017

June 2017 – Monthly Commentary

July 19, 2017  |   Monthly Commentary   |     |   0 Comment

June 2017 We knew it had to come at some time, but the elusive question has always been when?  The question we refer to is when the European Central Bank (ECB) would finally signal that they were going to ease off of ultra-stimulative monetary policy.  At the late June press conference ECB President Mario Draghi took the first step, albeit a tiny one, and hinted that quantitative easing could be tapered at some point in the ...