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Strategies & Market Trends : Market Trends & Market Chatter (Investment Ideas)
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From: Ms. Baby Boomer2/1/2023 9:10:51 AM
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END OF EASY-CASH ERA IS GOING TO HURT

Reuters



The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022.

REUTERS/Brendan McDermid/File Photo

LONDON, Feb 1 (Reuters) - The end of the easy-cash era is over and its impact yet to be felt on World Markets, hopeful that the pain of aggressive rate hikes and high inflation has passed.

U.S. and UK Central Banks are unwinding stimulus further by offloading Bonds they hold, and the European Central Bank will join them soon. Nomura estimates the Balance Sheets of the three Banks will shrink by $3 trillion this year....

reuters.com

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