Wednesday, June 17, 2015

Central banks hurting businesses

I would rather wait for a correction. But the problem has been that there is no correction if something begins to move. It just went one way because of the colossal liquidity in the world, such as the Yen weakness, Euro weakness, and oil.

One of the mandates of central banks is price stability. But what they have created is colossal price instability with big moves in markets, which has a negative impact on business.