Dear PGM Capital Blog readers, On Thursday, October 6, ECB president Mario Draghi said to build a Taper consensus as QE Decision nears and had pointed out that it is considering ways to scale down its support to the European bond markets as follows: Slowing QE by 10 billion euros a month when the current[…]

  Dear PGM Capital Blog readers, In this weekend’s blog edition we want to discuss the investments and investments strategies of some important gurus in this current volatile environment. INTRODUCTION: Guru (Sanskrit: guru) is a Sanskrit term that connotes someone who is a “teacher, guide, expert, or master” of certain knowledge or field. In pan-Indian traditions, guru[…]

Dear PGM Capital Blog readers, In this weekend’s blog edition we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money in the week of October 3, 2016: USA Federal Debt increased with 1.4 Trillion USD in FY-2016. British Pound plummet[…]

Dear PGM Capital Blog readers, Today, Saturday, October 1st 2016, will be a historic day for the Chinese Currency the “Yuan” — also known as the renminbi, which means “the people’s currency” –, because starting today, it will become one of five global reserve currencies — alongside the dollar, euro, pound and the yen — in the International[…]

Dear PGM Capital Blog readers, On Wednesday September 21, in a mostly expected move, the U.S. Federal Reserve decided not to raise interest rates at the September meeting of its Federal Open Market Committee (FOMC). The committee’s two-day meeting concluded with Fed officials voting to keep the U.S. central bank’s target range for the federal funds rate[…]