I think we all know that.
Investors/traders in a feeding frenzy at the trough
BOE dep gov Bailey:
- markets are not being disturbed by events in Ukraine and Iraq as much as they might be
Kohn again
- “profoundly disagree” with notion that central banks destabilise markets
- CBs can not be clearer than underlying situation, markets sometimes think they know more than they do
That will be markets and CBs then !
