Post by cjm on Jul 2, 2016 16:19:44 GMT
www.bdlive.co.za/markets/2016/07/02/everyones-a-winner-in-brexit-aftermath-as-doves-rescue-market
ONE week after Brexit, the lesson investors are taking away is that there’s no problem central banks can’t fix.
Just days after the UK’s vote to leave the EU roiled financial markets around the world, stocks and bonds surged in tandem this week as policy makers once again rode to the rescue, dropping hints of further stimulus and suggesting they’ll keep interest rates lower for longer.
ONE week after Brexit, the lesson investors are taking away is that there’s no problem central banks can’t fix.
Just days after the UK’s vote to leave the EU roiled financial markets around the world, stocks and bonds surged in tandem this week as policy makers once again rode to the rescue, dropping hints of further stimulus and suggesting they’ll keep interest rates lower for longer.