Nov 12/14 – The markets are convinced that the Central Bankers know what they are doing…
It all started with Alan Greenspan. Before Greenspan, Central Bankers were at best boring stuffy old men, and at worst, job destroying kill joys that worried too much about inflation and all the other things that might go wrong if they allowed monetary policy to run too loose. But Alan changed all that. During Greenspan’s tenure, the world experienced a…