According to the 1990s Japan script, European QE is just what the doctor ordered to raise growth and inflation expectations… oh wait…
Presenting the Japanification of Europe…
As a gentle reminder – Japan QE1 began March 2001… The Nikkei 225 fell 62% in the ensuing 2 years
h/t @Schuldensuehner
via Zero Hedge http://ift.tt/1AOdIYf Tyler Durden