Chief Investment Strategist Michael Hartnett set out a number of key reasons for this unmooring of stocks, the first of which was the emergence of “fake markets.”
“Government and corporate bond prices have been fixed by central banks ... why would anyone expect stocks to price rationally?” Hartnett said.
Central banks have deployed a total of around $4 trillion of asset purchases over the past eight weeks, Hartnett highlighted, and the global equity market cap has surged by $15 trillion.
你说他该咋办? 维护公平正义呢还是和稀泥?