Looks like something positive is brewing in Europe, but I don’t want to jump the gun. China looks weak, US probably through its worst, Europe still faces plenty of pain even if fiscal reform and euro-bonds introduced. Game changer would be QE\/asset purchases by Fed and ECB.<\/p>\n","protected":false},"excerpt":{"rendered":"
Looks like something positive is brewing in Europe, but I don’t want to jump the gun. China looks weak, US probably through its worst, Europe still faces plenty of pain even if fiscal reform and euro-bonds introduced. Game changer would be QE\/asset purchases by Fed and ECB.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41,29,33,34],"tags":[244,962,1169,1295,1352],"class_list":["post-2452","post","type-post","status-publish","format-standard","hentry","category-china-hk","category-the-big-picture","category-uk-europe-countries-regions","category-us-canada-countries-regions","tag-asset-purchases","tag-debt-crisis","tag-ecb","tag-euro-zone","tag-fed"],"yoast_head":"\n