Central banks

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

November 12, 2020

CNBC 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 $95 trillion through Wednesday, bouncing all the way back from its March bottom in the depth of the coronavirus pandemic,

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

June 24, 2020

Forbes 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 hearings in September to make climate change a “mission critical” priority. Mark Carney, the former Bank of England chief, in December called for a

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

May 22, 2020

CNBC 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 of why the stock market is so divorced from reality as one of the most frequently asked by investors. Despite the economic

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

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

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

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