The stock markets do enjoy a bit of money printing. The news of aggressive monetary policies from Japan has boosted Japanese share prices dramatically in recent months.
Continued monetary expansion in the US has reassured investors about the country. The UK is awaiting the arrival of a new Governor of the Bank of England who is expected to be more expansion minded than his predecessor. While the European Central Bank has to be more constrained thanks to the German horror of easy money and inflation, even in euroland the expectation is for more monetary easing in due course. In recent days, the thought of more money to come has offset the worries about growth faltering. Forecasters do not expect rapid growth this year for the world as a whole, and ...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes