Thanks to Mr Trichet, who sold a “one-raise-done-for-now” to the public, markets stabilized
But especially the US market did not really bounce away from the “edge of the cliff”.
The shortened session ended flat … if you want to see it positively.
So enjoy your long weekend and let’s see, what next week brings

Fed seemingly got the message of the ECB …
The message is …
We waited long enough … now you should have your problems solved …
We will start hiking rates … follow or bury the US $
Reckless naughty french boy … Mr Trichet … his friends call him J.C.
Today … two […]

ECB today made clear, that there is NO CHANCE for a rate cut …
Due to the current inflation picture, most of the ECB council members see a case for a RATE HIKE …
Trichet sees the possibility for a JULY “small” rate hike …
So … this means NO MORE RATE CUTS … neither from the […]