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Why “Nothing Matters”: Central Banks Have Bought A Record $1 Trillion In Assets In 2017

Friday, April 21, 2017 8:49
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(Before It's News)

zerohedge.com / by Tyler Durden / Apr 21, 2017 8:38 AM

A quick, if familiar, observation to start the day courtesy of Bank of America which in the latest overnight note from Michael Hartnett notes that central banks (ECB & BoJ) have bought $1 trillion of financial assets just in the first four months of 2017, which amounts to $3.6 trillion annualized, “the largest CB buying on record.”

As Hartnett notes, the “Liquidity Supernova is the best explanation why global stocks & bonds both annualizing double-digit gains YTD despite Trump, Le Pen, China, macro…

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The post Why “Nothing Matters”: Central Banks Have Bought A Record $1 Trillion In Assets In 2017 appeared first on Silver For The People.



Source: http://silveristhenew.com/2017/04/21/why-nothing-matters-central-banks-have-bought-a-record-1-trillion-in-assets-in-2017/

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  • b4

    yeah assets worth 10 cents on the dollar in the real market place–idiots–when this goes all to hell gold will be 10000 plus and nothing but misery

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