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Central bank intervention herded all investors into equities which obviously contributed to the post-2008 bull market, but also distorts price discovery. But h
by JacobThreeThree 4y ago
Central bank intervention herded all investors into equities which obviously contributed to the post-2008 bull market, but also distorts price discovery.
But hey, at least the Fed hasn't started buying equities too, like the BOJ.
https://www.bloomberg.com/news/articles/2020-12-06/boj-becomes-biggest-japan-stock-owner-with-434-billion-hoard https://www.bloomberg.com/news/articles/2020-12-06/boj-becom...