Quantitative Easing
Back in the 1980s, “monetary policy was a great way to stimulate the economy,” Jack Ablin, CFA, said. Not anymore.
Bank of America Merrill Lynch macro-economist Karin Kimbrough explores a world where all the old symmetries of monetary and fiscal policy have evaporated.
During the global financial crisis, excessive debt was the principal disease. It also turned out to be the principal cure. Whether it was called quantitative easing (QE) or something else, it all meant the same thing: increased debt — both in absolute terms and relative to GDP.
In the face of the volatility that largely defined the markets in 2014, it is our goal here at the Enterprising Investor to provide you with practical examinations of current issues in finance and investing. Below is a selection of analyses, advice, and, if nothing else, some simply interesting opinions that address the myriad changes markets have experienced this year.
In another perfectly normal week, the Fed decided to end its QE program and BOJ to expand their version of QE. Who is right and who is wrong? And why? We combed through the web to find some answers for you.
We asked CFA Institute NewsBrief readers to comment on whether they believe central banks will be able to reduce their involvement in markets and let economies operate on their own.
We asked NewsBrief readers to share their views on the performance of Abenomics thus far. According to 613 respondents, 59% believe it's too early to judge its performance, whereas a quarter of respondents believe it's a failure.
The FT/IMF recently reported that more than 62% of foreign central banks' assets are denominated in US dollars, of which a significant portion is in US Treasuries.
At the recent CFA Institute India Investment Conference in Mumbai, attendees were presented with two very different perspectives on quantitative easing.
In a presentation at the India Investment Conference in Mumbai, the economist and strategist explained the real meaning of QE and its impact on the economy and financial markets.