Post Tagged with: "Central banks"

Source: CNBC

Global stock market value rises to a record $95 trillion this week on vaccine hope


It may be quite a while before an effective coronavirus vaccine is globally distributed, but forward-looking global equity markets are already partying like it’s here.

The total value of stock markets around the world reached an all-time high of

November 12, 2020 - 3:00 pm Closing Bell Story‎, Finance
Source: Forbes

Why central banks are talking up the importance of climate change action — and pouring money into fossil fuels


Last year, central bank chiefs in the US and Europe for the first time widely embraced the necessity of taking action on climate change.

Christine Lagarde, the new head of the European Central Bank (ECB), vowed during her confirmation …

Source: CNBC

Central banks are creating ‘fake markets,’ Bank of America strategists say


Stocks have become detached from reality due to recent interventions from central banks into the bond markets, according to analysts at Bank of America.

In a research note Friday, the Bank of America Securities division highlighted the question …