Tag Archives: Or Why “Draghi Makes Greenspan Look Like A Rank Amateur”

ZeroHedge – Albert Edwards’ “WOW!” Chart, Or Why “Draghi Makes Greenspan Look Like A Rank Amateur” – 12 March 2015

ZeroHedgeBack in January, when European stocks were only starting their unprecedented QE ramp, we presented the “Driver Behind The European Stock Surge” in which we showed that ever since Mario Draghi’s “whatever it takes” speech in July 2012, European equity prices were up 50% (even higher now) even as corporate earnings had actually declined by 7%.

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