BBVA - The European Bluff Take II: Seeing Isn't Believing

Almost a year ago, we discussed "The European Bluff, Take I" around the ECB decision to stop injecting money to the European markets (VGK, EZU, HEDJ, FEZ, IEUR, BBEU, IEV) at the end of 2018. We wrote (in a handful of articles) that there's no way the ECB will be able to stay on the sidelines for too long. To wit:

The big question now is how quickly the ECB will announce a new purchase plan. It can't reverse course, but it can decide on

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