Can the world's central banks save the bull market?

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To think central banks could save the bull market is tempting. The problem is, central bank policy isn't what's holding back the global economy, and more monetary stimulus won't help, according to the chief investment officer at Bleakley Advisory Group.

London Happy Sunday. A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here.

The problem is, central bank policy isn't what's holding back the global economy, and more monetary stimulus won't help, according to Peter Boockvar, chief investment officer at Bleakley Advisory Group."The Fed doesn't have the cure for what ails us, just as the [European Central Bank] and the [Bank of Japan] don't at this point," he told me.

 

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Bull market? Do ya'll mean CNN bullshit market?

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Lol they easily could , just lower rates

Lol

So you're saying we have 2 - 2.5% to move overnight rates. Whew. Just no banana republic funny stuff of QE

No

NO

Stimulus is done, it only works to kick start a dead economy.

Abolish the Fed

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Yes it can and positivity gets we there

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Trump held call with big bank CEOs during Wednesday market plunge: reportPresident Donald Trump held a conference call Wednesday with top executives of three major Wall Street banks as the stock market plunged and the bond market... Next week expect FED and all these Bankers to take turns jawboning about 'strong' US Economy Promise more ratecuts issue buy recommendations and persuading investors to become bagholders Cutting rates only proves our Economy is on life support heading towards Recession
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »