International Monetary Fund Managing Director Christine Lagarde has been nominated as the next president of the ECB.Market moves suggest Lagarde is viewed as a "dove" who would maintain a low-rate policy.
Several market watchers have offered their take on the Lagarde appointment, with her lack of knowledge on monetary policy proving to be a recurring concern. In a note to clients Wednesday, Jim Reid of Deutsche Bank said Lagarde carried a "credibility risk" given her inexperience with the ECB's complicated array of tools designed to encourage stable economic growth.
Haefele said he still considered the IMF chief a "qualified candidate" but that her appointment didn't overly make Europe a more attractive place to invest. Pictet's Frederik Ducrozet issued a note Wednesday that focused squarely on the positive aspects of Lagarde's nomination.
It’s interesting how this group of friends divide the jobs between them. Qualifications means nothing. You just have to be part of the group. No wonder the majority of Brits want out.
lagarde is a criminal
Credibility risk it’s how paul frames the liquidity trap
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trade ceasefire rally could be short-lived, market strategists warnTrade truce headlines boosted stocks, but they are likely to be a short-lived positive since trade talks between the U.S. and China could drag on for months and result in more tariffs. Agree. The hope of rate cute will be short lived as well. Eventually earnings will have the biggest and longest effect. As usual CNBC and market strategists have it all wrong!. The first step to a trade deal is to declare a truce, that has been done. I fully expect a deal to be signed very shortly, could be done at any time. Then watch the stock market take-off! Trump’s handling of all this is a joke. Been spewing for last year that Huawei is a national security threat, now using it as a bargaining chip in trade. You can’t have your cake & eat it too. Really worrysome that the man handling this is so ignorant with no coherent strategy.
Source: CNBC - 🏆 12. / 72 Read more »
Convictional, A Y Combinator Startup, Will Revolutionize The $5 Trillion B2B E-Commerce MarketB2B e-commerce is still relying on legacy transaction software to facilitate the exchange of goods and payments between buyers and sellers. Chris Grouchy and Roger Kirkness have created Convictional, a B2B e-commerce platform to allow suppliers to automate selling to any retailer or marketplace.
Source: Forbes - 🏆 394. / 53 Read more »
As Competition Heats Up, Performance Rights Organizations Respond To Market ChangesArtists are gaining more leverage and for-profit competitors are changing the game for PROs like ASCAP and BMI, with offers of non-recoupable advances filling up the rumor mill.
Source: billboard - 🏆 112. / 63 Read more »
Top market technician says the biotech breakout is just getting startedDespite health care's 2019 woes, one top technician says there are clear signs that a big breakout in one piece of the health-care trade is finally coming to life. Have your stupid biotech wave while you can before we get some more humans in office to legalize studying cannabis and other unstudied drugs.
Source: CNBC - 🏆 12. / 72 Read more »
Venice Market Projects Include Films From Agnieszka Holland, Alexey German Jr & Jasmila ZbanicThe sixth edition of the Venice Gap-Financing Market (August 30 – September 1, 2019), which takes place during the Venice Film Festival, will feature 51 projects in the final stages of develo…
Source: DEADLINE - 🏆 109. / 63 Read more »
WarnerMedia Sees Demand for Digital Ads Spike in TV Upfront MarketDemand for digital advertising drove the bulk of increases in WarnerMedia’s “upfront” sales efforts, according to a person familiar with the matter, suggesting Madison Avenue continues to turn to s…
Source: Variety - 🏆 108. / 63 Read more »