European Central Bank tries to have it both ways–which leaves nobody very happy

European Central Bank decides to split the difference on ending bond purchases

At its meeting today the European Central Bank decided to buy fewer bonds each month but for more months. Monthly purchases will be cut to 30 billion euros ($35 billion) from 60 billion euros beginning in January. But the bank will extend its bond purchases until September. Some observers had through the central bank would end purchases in January or March.

Notes You Need for October 6: oil and Nate, Apple iPhone 8 batteries, euro, rig count, German GDP, Amazon drug distribution, CVS, General Cable

Notes You Need for October 6: oil and Nate, Apple iPhone 8 batteries, euro, rig count, German GDP, Amazon drug distribution, CVS, General Cable

In my daily trawling through the market I come upon lots of tidbits of knowledge that I think are important to investors but that don’t justify a full post. I’ve decided to start compiling these notes here each day in a kind of running mini blog that I’m calling Notes You Need. I launched this new feature on JubakAM.com on December 1. For example, “10:20 a.m.:  Oil was up on speculation that Tropical Storm Nate would rise to the status of a hurricane and then hit the Gulf Cost, disrupting refineries and oil export platforms again But now oil is down on speculation that the storm won’t hit the Gulf Coast has hard as previous speculation suggested.”