The #ECB cut interest rates as expected, pushing further into negative territory while restarting quantitative easing. The result? The Euro ended the day higher against the dollar, and yields on both 10 year German an 10 year Italian debt rose--the exact opposite of what the market should have done in response to these money-printing mechanisms. The financial world is officially insane. https://www.zerohedge.com/crypto/looking-these-markets-its-if-we-have-all-been-drinking-pan-galactic-gargle-blasters #news #economy #banking #finance