First Asset Morningstar Emerging Markets Composite T.EXM.A

RE: ECB: Liar, Liar, pants on fire

[kmilne]

Gabriel, do you read Sinclair's commentaries on his website. He has told us many times that any central bank selling never hits the markets, but simply goes to another central bank, like maybe some of the smaller ones. Any selling pressure generated by these announcements are purely psychological.