Has the “unprecedented scale and duration of monetary policy easing” by EU, US and Japanese central banks led to what is a historically slow recovery? Is quantitative stimulus really an addictive pain killer that is responsible for “Secular Stagnation?” Deutsche Bank asset management researchers have an answer and it sings from the same song-book as did their chief economist on Monday. Deutsche Bank researchers all on same page regarding negative impact of central bank stimulus When Deutsche Bank Chief Economist David Folkerts-Landau was on CNBC, he doubled-down on claims that the European Central Bank had lost credibility and the economic…
Deutsche Bank Blames Central Bank Stimulus For Economic Woes
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.