Howard Davies is sympthatic about Central Bankers.
His article in PS.
He states that in this century Central bankers have gone from zero to hero and now back on trail again. 548 more words
Bank, as we study in conventional economics are the intermediaries who transfers funds from savers to entrepreneurs. 183 more words
The latest shocking example of just how intertwined central banks have become in not only Treasury and corporate bond markets and their respective “valuations”, but also in stocks, comes courtesy of the Bank of Japan which days ahead of an announcement which may see it double its ETF purchases from the current JPY3.3 trillion to JPY7 trillion or more has just been revealed to be a top 10 holder in about 90% of all Japanese stocks! 1,051 more words
The markets world over are under strain and that is likely to continue in the near future for the lack of a substantial trigger that propels them forward. 993 more words