BofA Chief Investment Strategist, Michael Hartnett: Central Banks Have Created a Fake Market, ZH Reports

“asset prices are now a direct consequence of nothing but central bank liquidity and explicit asset backstops.”

“central banks have been buying $2.4bn per hour of financial assets (this will fade to $608mn in coming weeks)……Read more

By Alex Proimos from Sydney, Australia – Bank of America, CC BY 2.0,

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