equities – BROAD SPECTRUM

The Deceptive Dichotomy

After a brief hiatus, global stock markets have resumed their upward trajectory. Reports of yet further expansion in government spending and variants of central bank intervention finding favour in preference to hard data, despite the news in fact being speculation or belated, previously proclaimed intervention.

‘Wired’ Wall Street is Hooked on QE

US Stocks Distended on Fed’s Wall of Money. US Citizens Disquieted by Wall of Worry The US economy faces tremendous turmoil: a pandemic proliferating a virus for which there is no vaccine, an apparently fathomless global recession, prodigious levels of unemployment, spiralling national debt, central bank debt monetisation masquerading as stimulus, a controversial and capriciousContinue reading “‘Wired’ Wall Street is Hooked on QE”