Kohler's Week: Draghi Does Dallas, Volatility, Deflation, Australian dollar, CEO Interviews

Dow Jones, down ~0.6%
S&P 500, down ~0.4%
Nasdaq, up ~0.2%
Aust dollar, US79.2c

Yesterday's least surprising news was that the European Central Bank will follow the Federal Reserve down the path of 'printing' money and buying bonds – at the rate of about €60 billion a month until at least September 2016, or "until we see a sustained adjustment in the path of inflation which is consistent with our aim of achieving inflation rates below, but close to, 2% over the medium term". (And yes I know the Fed is not based in Dallas).

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