CHART OF THE DAY: Draghi Puts His Finger On The Trigger (Again)

Ultimately (and perversely) Down Euro Devaluation is a global TIGHTENING event because the world’s biggest asset price #deflation risk is that the world’s inflation expectations (commodities, debt, etc.) are DENOMINATED IN DOLLARS.

Yep. I’m going all CAPS on you at the top of this freshly squeezed and stimulated risk management morning! Let’s get after it.