The Charts Mr. Draghi is (Or Should Be) Looking At

Mario Draghi, head of the European Central Bank (ECB), is set to speak on the state of the European and global economies on Wednesday. If his past views are any indication of what he’ll say, it will most likely focus on the ECB taking steps towards further loosening European monetary policy by expanding ECB-style quantitative easing. (As a note, quantitative easing involves central banks buying bonds from certain sellers in an attempt to manipulate medium-term and long-term yields, and thus, theoretically boosting economic growth.) Mario Draghi’s push for loose monetary policy The broad move towards further quantitative easing comes interestingly…