6 Min Read
LONDON (Reuters) - Central bank support for pandemic-hit economies looks to endure well past the recovery in output, leaving investors little option but to keep chasing a parabolic bull market until the fabled “punch bowl” is eventually removed.
The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie
William McChesney Martin - the longest serving Federal Reserve chief between 1951 and 1970 - is credited with the famous quote about the Fed’s main job being to “take away the punch bowl just as the party gets going” - or tighten credit once the economy recovers from recession.
USD: Here Is Why The Decline In The Treasury General Account Is Bearish For USD - Citi
forexcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexcrunch.com Daily Mail and Mail on Sunday newspapers.
Central bank punch bowl still brimming for markets
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
Мужской гороскоп на 20 февраля 2021 года для всех знаков зодиака
comandir.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comandir.com Daily Mail and Mail on Sunday newspapers.