investors: A decade later, the picture looks eerily similar, yet oh-so different, according to Market Watch. Investors do expect two major players, the European Central Bank and the Federal Reserve, to ease over the next two weeks. In 2008, as the global financial crisis pummeled markets, central banks around the world moved in tandem, taking decisive action to reassure markets that someone was at the helm as much as to stimulate their economies as to repair financial systems. But we're not in the throes of a major financial crisis, or even a downturn in the U.S., though there are pockets of weakness around the world. It's a reality investors would do well to understand. That likely means monetary policymakers aren't working in considered coordination as much as acknowledging a weary truth despite the rise of nationalism around the world, our economies and financial systems are now codependent.
(news.financializer.com). As
reported in the news.
Tagged under investors, crisis topics.