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In the News: Bloomberg
Mario Draghi, the new European Central Bank (ECB) President, shows that he will be a straight talker, portfolio manager Axel Merk tells Bloomberg

"...For Bernanke, transparency is his "communication strategy." Trying to talk up or down the yield curve, managing expectations. It is very, very different from Draghi who is just a straight talker. His final words from the press conference today were "that's it." He said very clearly what he wanted to say and than moved on. Whereas Bernanke is staking the credibility of the Fed by saying certain things that no one know if he is going to follow through…"

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