Markets Swoon On Underwhelming Draghi
Tim Mulholland, Managing Partner, China-America Capital Company, Chicago
04-Dec-15 07:07
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Tim Mulholland, Managing Partner of China-America Capital Company in Chicago, USA, discusses the reasons behind ECB President Mario Draghi's deciding against stronger stimulus, how it affects the Fed's rate move in December, a potential 'great monetary divergence', Square's IPO fail and whether this is the top of the dotcom bubble.
He also offers an opinion on Saudi comments that it would back output cuts as long as they were supported by countries both inside and outside the cartel -- and whether this means a rebound in oil prices.
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Tags: ECB, RBA, Australia, Yuan, IMF