Is It May Yet?
April 03, 2009 at 05:35 AM EDT
Well, the latest edition of policy “shock and awe” was released yesterday, with FASB adjusting the mark to market rules and the G20 promising a Dr. Evil-esque “one triiilllliiioonnnn dollars!” for the world economy. Markets were so excited that they barely noticed the disappointment from the ECB. Well, that’s not entirely true. The euro rallied sharply [...]
