Since the financial crisis, economies around the world have hurtled from one crisis or market panic to another, whether it was fears over European government indebtedness, deflation in Japan, a slowing of the Chinese growth engine, or the near-debt default of the United States in 2011. With each new market blip, investors have been rescued by central banks, who’ve opened up an unprecedented spigot of cash to avert a double dip recession, causing bond yields to hit record lows and stocks to breach new record highs.
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