This article talked about how recently investors feel that
the central banks do not have what it takes to turn around the world economies.
The article sites how the European Central Bank introduced a “steroid-filled” stimulus
on Thursday and although markets rallied, almost all markets ended up in the
red by the end of the day. Related is how the Japanese Central Bank introduced
negative interest rates initially causing a rise in the Nikkei 225, Japan’s
benchmark stock market index. However just six weeks later the Nikkei 225 is
down again. This article sites a patterns that castes a bleak outlook on the
world markets for the rest of 2016.
http://money.cnn.com/2016/03/10/investing/central-banks-action-not-working/index.html?iid=SF_LN
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