Market Talk

The QE ball is firmly in Draghi’s court

Mario Draghi is running out of things to buy Pic: Isopix/REX/Shutterstock

Mario Draghi is running out of things to buy. Even before the European Central Bank’s meeting last week, the man who is effectively in charge of keeping the European economy going published an intriguing list of all the assets the bank had bought with its firepower.

He is on the ultimate shopping trip. Not just government bonds, but debt issues by all kinds of companies across Europe, including bonds backing German highways, insurance ...