UBT - From Draghi To Powell To BofA's Fund Manager Survey Tuesday Was Big

On Tuesday, just after 4:00 AM in New York, Mario Draghi delivered a series of remarks at the ECB's annual forum in Sintra, Portugal, that sent bond yields and the euro tumbling. If you want to hear it directly from Draghi, you can watch the video here.

Draghi's comments were, to a certain extent, a reiteration of what he said during the press conference following the June ECB meeting, but the message was delivered with a bit more urgency and the market certainly heard him.

Although the drop in the currency and the plunge

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