Year Of The Draghi

That’s the bottom line. With sovereign bond auctions going well across the Eurozone, and European banks rocking and rolling, one man is the hero of the day. That would be ECB chief Mario Draghi, who replaced Jean-Claude Trichet late last year, and who is the author of the ECB’s generous liquidity operations that have allowed banks to fund themselves on the cheap, freeing up cash for the purchase of sovereign debt.



By the way, if you’re not caught up, then what you haven’t seen is charts like this one — the yield on the Spanish 2-year bond.


Read more:

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)

About the Author

Sheeraz Raza
Sheeraz is our COO (Chief - Operations), his primary duty is curating and editing of ValueWalk. He is main reason behind the rapid growth of the business. Sheeraz previously ran a taxation firm. He is an expert in technology, he has over 5.5 years of design, development and roll-out experience for SEO and SEM. - Email: sraza(at)

Be the first to comment on "Year Of The Draghi"

Leave a comment