Share the View 2: Europe Deflates

Share The View

THE LATEST OPINIONS FROM BLOOMBERG VIEW

JANUARY 15, 2015 bloombergview.com

EUROPEAN ECONOMY Mohamed A. El-Erian: "It would be hard to script a more challenging context for the European Central Bank's high-stakes policy meeting next week. In a renewed effort to stimulate economic growth and avoid damaging deflation, the central bank is poised to take unprecedented measures." Read more... The Editors: "For months, European Central Bank President Mario Draghi has hinted that he's ready to announce a full-blown program of quantitative easing. Yesterday the EU Court of Justice's advocate general cleared away a possible legal obstacle." Read more... Mark Gilbert: "The Swiss National Bank's shock move today to stop intervening in the foreign exchange market all but guarantees the European Central Bank will finally introduce quantitative easing when it meets Jan. 22." Read more... DECLASSIFIED Eli Lake and Josh Rogin: "This week, Pentagon officials began calling up retired generals to let them know that their home addresses, private e-mails and other personal information had appeared in a document that was publicized globally by a group claiming to support Islamic State." Read more... ECONOMICS Noah Smith: "Matt Yglesias of Vox has posted a list of '9 things only neoclassical economists will understand.' ... I, your friendly neighborhood economics columnist, will explain Yglesias's nine things in layman's terms."Read more... SPORTS Kavitha A. Davidson: "A baseball legend and two former basketball players are among the many people interested in buying the embattled Atlanta Hawks. After a string of embarrassments over race, that could help bridge the league's divides -- even if it raises other problems." Read more... NEWS ROUNDUP Katie Benner (Read the news roundup) Bitcoin was supposed to be a substitute for gold, but now it's behaving more like oil. Read more... Snapchat wants to charge brands $750,000 a day to advertise on the app.Read more... Have Uber and Lyft inspired the cab companies to deregulate? Read more... Jonathan Bernstein (Read the news roundup) Very thoughtful item from Vox's Ezra Klein about Paul Ryan, the presidency and Congress: Read more... Annie Lowrey at New York magazine on dynasties and women in politics:Read more... Greg Sargent of the Plum Line on what House Republicans are telling us about their immigration preferences: Read more... Matt Levine (Read the news roundup) Maybe skip that trip to Switzerland. Read more... Some mergers and acquisitions news and non-news: Read more... And some stock-based lending: Read more... Barry Ritholtz (Read the news roundup) Passive is massive: Read more... Why you should buy the most despised company in America: Read more... Nine reasons why bond yields are falling: Read more...