Sunday, May 07, 2017

A Problem Emerges: Central Banks Injected A Record $1 Trillion In 2017... It's Not Enough


...BofA's Michael Hartnett noted that supersized central bank intervention which he dubbed a "liquidity supernova" is "the best explanation why global stocks & bonds both annualizing double-digit gains YTD despite Trump, Le Pen, China, macro..."