A promise is a promise is a promise… especially if it’s from a Central Bank. That was true and undeniable for decades of BTFD ‘equity market put’-provision by the world’s central planners… until Wednesday.
A promise is a promise is a promise… especially if it’s from a Central Bank. That was true and undeniable for decades of BTFD ‘equity market put’-provision by the world’s central planners… until Wednesday.