Will There Be Major Differences Between European And American Central Banks In Monetary Policy?

The European Central Bank Chairman Delaki (Mario Draghi) will announce a new economic stimulus plan on Thursday (December 3rd), and Federal Reserve Chairman Yellen's outlook on the US economy on Wednesday and Thursday is the main thrust.

Bianco Research chairman Jim Bianco said on Wednesday: "there are more quantitative easing in Europe. This is the first time that interest rates in Europe and the United States have changed in different directions. This is considered a major divergence in monetary policy."

But Bianco said there was no way to determine what kind of impact the divergence would have on the financial market.

He said: "what is the impact of this divergence on financial markets, corporate bonds and national debt is still a big unknown. Maybe it will turn out better, but it needs to be verified."

Bianco believes that the dollar has much room for improvement, and that is why Joachim Faires, global economic adviser for Pacific Investment Management, agrees.

Faires said: "I think the possibility of a rise in the US dollar is great, especially in the US dollar against the euro and some Asian currencies."

Phil also said: "the performance of European bank bonds should be better, because now

The Fed is preparing to tighten monetary policy. "

He said: "the Fed's interest rate increase in December is almost certain, and the market forecast has a 80% chance."

Laksamana, a financial adviser to Wells Fargo, said investors still rely heavily on the United States because the economic development of the United States is on track and relatively stable.

"The unemployment rate in the United States is declining, energy is cheap, and loans are easier. Companies in the United States perform better than other countries, and in the United States, geopolitical risks are less."

JP's Morgan said the European capital market is no longer popular because investors are worried about the geopolitical risks of Europe.

Moreover, the euro area will have more economic growth and more currency liquidity than the United States that should have done quantitative easing.

"Europe's economy may be improving next year, but it should be emphasized that investors holding euro and Sterling assets will also hold us dollar assets to minimize risks."

In a speech to Washington Economic Club on Wednesday, Yellen said the current labor market and inflation were roughly the same level as the Fed assumed.

Yellen also mentioned that some special situations may affect the Federation.

The committee's decision, but she said the Fed could cause an economic recession if it didn't raise interest rates too long.

The news is not surprising to Neil Hensini, portfolio manager and chief information officer of the fund.

He said: "we all know that interest rates will rise sooner or later. If December does not rise, then it will rise in a month."

Bob Palik, chief market strategist of private Mammon Inc in Boston, said: "the best strategy is to find stable assets. Now there is instability in the euro and the US dollar.

Now technology blue chip portfolio FANG Facebook (Facebook, Amazon, Netflix and Google) and Hong Kong are worth investing in stocks.

These stocks are not cheap, and there are many related risk factors, but these are the places to attract investors. "