john l. duma loughnane frankfurt with the era of cheap money coming to a close in the eurozone i asked her how it's going down in the markets. well the markets are actually reacting pretty positively although it has to be said that the end of crisis era stimulus was something that was expected now european stocks went up on the reason on this news it appears that the markets quite liked this middle ground between an aggressive and accommodating stance that the e.c.b. has fallen by saying for example it will wrap up bond buying by the end of the year while signaling interest rates will stay at a historic low for probably longer than projected now the e.c.v. already also indicated that the door was open to future intervention as it said in the wording of the. it was and dissipated that the tapering would have been after september and. moves would be subject to incoming data incoming data of course that could be affected by any of the challenge and stays in the euro zone today like italy's spending plans or the threat of a threat of a trade war but that caution embedded in this statement was some