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User Info Reports: Draghi meets with head of Bundesbank in forum [NotSoBreaking]
Drench
Posts: 28631
Incept: 2009-11-10
Green
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CNBC says this caused the stock pop just now.

Drench
Posts: 28631
Incept: 2009-11-10
Green
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CNBC: ECB neither confirms nor denies but says normal for Draghi to meet with governing council members ahead of a meeting of the council.
Argos
Posts: 6312
Incept: 2008-03-23
Gold
The Green Mountain State
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What's next? Weidmann "friends" Draghi on his Facebook page and the .DJI pops another 500 points? :)
Jubber
Posts: 13985
Incept: 2007-07-05
Gold
UK
Online
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from zerohedge http://www.zerohedge.com/news/perfectly-....

"In other news, our recreation of the BofA inhouse model says 110% of QE3 is now priced in."

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“The problem with socialism is that, sooner or later, you run out of other people’s money.” Thatcher
Thesev
Posts: 1375
Incept: 2007-10-30
Gold
Louisiana
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Who's on top?

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The reason the republic isn't working is that it's being run as a democracy.

It doesn't matter who you are, or who you Think you are, the Math is Going to Win.
Zarathustra
Posts: 5941
Incept: 2009-04-29
Silver A True American Patriot!
Funkytown
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Who has their "DOW 13,000" hats on??????

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"And in knowing that you know nothing, that makes you the smartest of all." - Socrates
Argos
Posts: 6312
Incept: 2008-03-23
Gold
The Green Mountain State
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http://www.bloomberg.com/news/2012-07-27....

Partial quote:

Quote:
Draghi’s proposal involves Europe’s rescue funds buying government bonds on the primary market, flanked by ECB purchases on the secondary market to ensure transmission of its record low interest rates, the officials said. Further ECB rate cuts and long-term loans to banks are also up for discussion, one of the officials said.




Krs
Posts: 686
Incept: 2009-05-07
Silver
Colleyville, Texas
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Draghi has pulled the pin on this one, the chances of everyone getting on the same page on this one are not good, next week is setting up to be EPIC. If they manage to agree and layout a plan (that is an actual plan, not a plan to get a plan) we could rally on hard as the world will be saved, for now. If they are split or announce another LTRD while Fed announces more PEWE, it will be an exhilarating ride that ends with a jump (parachutes not included).

Bugs said it best


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Fog, smoke, and mirrors... perhaps those tin-foil-hat wearing digital dickweeds were on to something?
Tyler Durden on the Fed – Feb 28, 2013
Muscleknight
Posts: 3985
Incept: 2007-06-26
Gold
Columbia, SC
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last act of desperation? the math is going to win and its only a matter of time.

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My Financial Avatars - http://s677.photobucket.com/albums/vv131....
A rumor isn't true unt
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