European issues dominated client conversations last week, according to the recent US Weekly Kickstart report from Goldman Sachs, and they will have an impact on US stocks.
ECB's bond purchases in discussion among hedge fund managers
Sovereignty issues, from Russia’s invasion of Ukraine, to ECB bond purchases to the upcoming Scottish independence vote on September 18, all became issues of discussion among hedge fund managers. The Goldman Sachs report says that the ECB “surprised markets” by cutting rates and announcing an asset backed purchase program, but as reported in ValueWalk, other firms, including Barclays Bank, had anticipated...