Its Not The Economy Stupid, It’s The Central Banks

Despite collapsing earnings expectations and weaker than expected macro data, US equity markets have 'lifted off' since mid-February erasing the entire year's losses…

 

And all it took was the coordinated easing from most of the world's largest central banks…

h/t @NorthmanTrader


via Zero Hedge http://ift.tt/1pQZiX8 Tyler Durden

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