Armored Wolf Weighs In On Argentina, ECB, Commodities

The question running through the minds of professional traders along the yield curve was answered last week at Jackson Hole, Wyoming, said former long-time PIMCO PM, Armored Wolf Chief Investment Officer, John Brynjolfsson, in a August investor letter reviewed by ValueWalk.

Armored Wolf on European bond yields

“How can periphery European bond yields be so low, lower than the US, given the relative disarray of their fiscal houses?” was the question, pointing to inside knowledge that yields were low for a reason.

Mario Draghi provided the public answer that had been apparently swirling around professional investing circles. Sounding a tone familiar to those who listen to the US Federal Reserve and its parrots touting the religion of quantitative easing, Draghi uttered...