YTE Blog

What a week it has been for the Euro. Mid-week, ECB chief Mario Draghi gave a press conference, stating that the bank’s policy of extending low interest loans to financial institutions had been successful in stabilizing the region’s credit markets. Proof of his statement was seen in the recent Spa...

We are officially in a bear market. The bloodshed in the markets last week was breath-taking, with more than US$3.4 trillion (s$4.4 trillion) erased from equity values and over US $1 trillion in the US equity market alone. Here’s a snapshot of some of the carnage: 1) The Dow Jones Industrial Aver...