The stock market these days: pic.twitter.com/d90zEkHlXt
— Lyn Alden (@LynAldenContact) June 21, 2020
If you had any doubt about the direct and indirect impact of #CentralBanks on financial asset prices—and the moral hazard that comes with that—just have a look at these three headlines from this weekend's #Bloomberg terminal#economy #markets #Fed #ECB @federalreserve #investors pic.twitter.com/ULpx7WTlzY
— Mohamed A. El-Erian (@elerianm) June 22, 2020
Global QE keeps chasing US assets. The Fed doesn't have a problem w/only what it's QE is doing (inflating bubbles) but the monster it unleashed of other central bank money also ending up here. Asset prices never higher already yet demand for QE (gov't deficits) only spiraling🤦♂️🤔 pic.twitter.com/cX5tf7zEnP
— M/I_Investments (@MI_Investments) June 22, 2020