Forecasting is possible

“Based on our regular economic and monetary analyses, we today conducted a comprehensive assessment of the economic and inflation outlook and our monetary policy stance.” (Mario Draghi) During the press conference of 8th December 2016, the President of the ECB (European Central Bank) Mario Draghi, together with the Vice-president Vítor Constâncio, presented a series of […]

Read more
It’s all about the tie

  A couple of years ago, investors would have paid a fortune to possess a crystal ball and use it to forecast ECB’s decisions. Today, all they need is Mario Draghi’s tie. In fact, some people seem to play a weird game – by the name of “tie guesses” – that consists in guessing the colour of […]

Read more