Renewed Central Bank Easing Is Rooted In Desperation---And It Won't End Well!

No, markets have been making new highs because both the Fed and the European Central Bank are desperate to extend the business cycle by any means necessary. But lowering rates is rooted in desperation, and investors may want to carefully consider history and context.

 

 

 

 

 

 

https://edition.cnn.com/2019/07/11/perspectives/fed-powell-interest-rates-recession/index.html

 

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