The Modern Market Whales
The Fed, ECB and BOJ’s Covid rescue efforts made them the ultimate market whales
Hello. Today we look at the Covid buying blitz by the world’s biggest central banks, India’s stalling reforms, and the global growth outlook.
Since the start of the pandemic, central banks in the U.S., Europe and Japan have been on a $9 trillion spending spree that’s turned them into the ultimate market whales with combined assets of $24 trillion.