Lombard Street Mocks Mario Draghi Stimulus Issues With Fake "Apprentice" TV Show

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Mark Melin
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Updated on

In the creative minds of Lombard Street Research, in a wood paneled board room sits Lord Sugar, a character similar to Donald Trump in the U.S. except he has all his hair. Lombard Street discusses the job performance of Mario Draghi The group of European dignitaries has gathered to discuss the job performance of “Mario Draghi,” a team leader in this imaginary human game show of The Apprentice, where contestants try to curry favor so they will be hired. Mario use of quantitative easing (or lack thereof) is being reviewed by the team in front of Lord Sugar, who is…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.