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FIEE - As Europe Keeps Falling The Implications For Europe And Everyone Else
UBS AG FI Enhanced Europe 50 ETN due February 12 2026
In late March, as global pessimism was renewed in the world's bond markets, ECB President Mario Draghi appeared as he always does to urge optimism. Yes, Europe's economy in particular didn't finish 2018 as he had been expecting. But a soft patch, Draghi said, wouldn't necessarily "foreshadow [a] serious slump."
That's ultimately the problem with botching globally synchronized growth. And he has no one else to blame. In hyping the hell out of 2017, way, way overdone, he and