Summarize Blanchard’s arguments why recent changes in the oil price should be good news in the US, and why events in China should not have a large effect on the US
What does Blanchard identify as the most likely cause of the recent stock market decline in the US?
But the program is smaller than expected. Investors booed
Read the WSJ article and follow the links to answer the following questions
– outline European QE2
– why does a smaller than expected QE2 in Europe, raise the value of the Euro?
– why is the Jan 2016 decline in the Euro related to European inflation