Stock Markets Doomed to Carsh in spite of Central Banks efforts!

I admit I don't know much about the Stock Markets, but have been following the threads predicting a crash.

It is pretty obvious to even someone like me, that this artificial propping can't continue.


Central banks can’t save the markets from a crash. They shouldn’t even try

"Like children clinging to their parents, stock market traders turned to their central banks last week as they sought protection from the frightening economic figures coming out of China. Surely, they asked, the central banks would ward off the approaching bogeymen, as they had so many times since the 2008 crash.

The US Federal Reserve came up with the goods. William Dudley, president of the bank’s New York branch, hinted that the interest rate rise many had expected next month was likely to be delayed.


Yet the palliative offered by the Fed is akin to a parent soothing fears with another round of ice-creams despite expanding waistlines and warnings from the dentist and the doctor.

According to some City analysts, the stock markets are pumped with so much cheap credit that a crash is just around the corner. And they worry that when that crash comes, the central banks are all out of moves to prevent the aftershocks from causing a broader collapse."

Read more at:

[link to www.theguardian.com]

Last Edited by Dixie63 on 08/30/2015 07:21 PM