The role of central bankers
In an article written by William Watts and published on Marketwatch.com, Kit Juckes, Global Macro Strategist at Societe Generale discusses the role of central bankers.
“We have relied on central bankers to fix the world’s economic woes, when all they could really do was to get the global financial system back on an even keel. Keeping policy too easy, for too long and boosting asset markets in the vain hope that this would deliver a sustainable pickup in demand has meant that even a timid attempt at normalizing Fed policy has caused two months of mayhem.”
Kit Juckes, Global Macro Strategist at Societe Générale
To read the full article, please visit: www.marketwatch.com