SMLL - What's In The Box? Unpacking The ECB's New Stimulus Package
On the latest edition of Market Week in Review, Senior Investment Strategist Paul Eitelman and Head of AIS Business Solutions Sophie Antal Gilbert discussed the European Central Bank's ((ECB)) new stimulus package, positive developments in the China-U.S. trade war and the recent rise in value stocks.
Draghi announces sweeping stimulus package
Outgoing ECB President Mario Draghi unveiled a sweeping monetary stimulus package on Sept. 12, Eitelman said, headlined by the revival of the central bank's asset purchase program, otherwise known as quantitative easing ((QE)). Beginning in November, the ECB will buy €20 billion a month