The ECB's QE program: Don't judge a book...
The European Central Bank’s (the ECB’s) historic quantitative easing (QE) program, which commenced operations on Monday, March 9, is a unique animal. Despite the temptation for onlookers to draw similarities, the program is not quite like the rounds of easing undertaken by other major central banks since the end of the global financial crisis.
Optimism amid a global view of equities
The Organization for Economic Cooperation and Development (OECD) reported on Wednesday that it expects India’s economy to grow by 7.7% in 2015, making it the fastest-growing major economy in the world. This puts India in a position to possibly outpace China, where growth is slowing to the government’s official target of approximately 7%.