The impact of central bank asset purchases on the financial markets remains wholly dependent on investor psychology, particularly the willingness of investors to chase yield and to ignore any risk of capital loss. (hussmanfunds.com)
One of the primary reasons for the extended period of market calm has been the influence of central bank asset purchases (a.k.a. «QE» or «quantitative easing»). (etfexpert.com)
While the BoJ has argued that central bank asset purchases would not work in the absence of structural reforms, strategists said that high government debt levels will constrain fiscal expansion. (cnbc.com)