Why Central Bankers Rule The World |
| May 26, 2013 | May 2013 Bond Updates |
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What's been amazing of late hasn't been the market swings but the extent to which central bankers have contributed to them. Every press conference, statement and newspaper leak of central banks has been pre-empted, interpreted and re-interpreted - all in real time and often within seconds. Investor dependence on the thoughts and actions of central banks isn't new, but it seems to have reached unparalleled and absurd heights. |
| View more at: http://www.forbes.com/sites/jamesgruber/2013/05/26/central-bankers-rule-the-world/ |
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