Friday fun: The ECB’s spirit animal

The baby tapir

Think looking at cute animal pictures as a trader is a waste of time? Think again.

Japanese research showed that looking at
pictures of cute animals can help improve your work performance and
powers of concentration.

«This finding suggests that viewing cute images makes participants
behave more deliberately and perform tasks with greater time and care,»
said the researchers, according to the published paper.

The ECB is tip-toeing towards tapering its asset purchase program. The current pace of buying at 60 billion euros per month is unsustainable but Draghi and almost everyone else there is terrified of stifling the minor economic recovery and will move ultra-slow on cutting back stimulus.

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