Markets

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The Draghi speech in six charts

MADRID | JL Martínez Campuzano, of Citigroup in Spain, dissects yesterday’s speech of Mario Draghi. Some lights seem to be shedding hope over the eurocrisis, but it is a hard work in process.



2013 markets

Happy risky 2013

MADRID | by Citigroup’s José Luis Martínez Campuzano | “There is, unfortunately, some shared ground between Europe and the US: the apparent impossibility to reach major political accords on economic policies.”



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The future of the Spanish banks

MADRID | By Carlos Díaz Guell | The Spanish bank’s bailout, added to the reforms and decisions made during the last years, can effectively complete the country’s banking puzzle and halt the worsening of a seemingly never ending crisis.


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Draghi is a drag on Bernanke

The ability of central banks to raise investors’ confidence is wearing off. More so when the European Central Bank has become a liability for the US Federal Reserve.


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US Treasury shows Brussels how it’s done

Do you remember the vast injections of public cash in insurer AIG and the TARP operation to clean banks’ balance sheets? They cost American taxpayers no penny at all, and have now been completed with success. Hello, Brussels, anyone listening?




Federal Reserves Bernanke and ECBs Draghi

US Federal Reserve’s historical decision

Mr Draghi, governor at the European Central Bank, should listen to his American colleague at the Federal Reserve. And follow suit by means of expnasionary monetary policies even if inflation reaches 4 percent.