Those folks will say valuation is irrelevant when interest rates are low, when economic growth is modest and when
central banks around the world implement / maintain stimulative monetary policies.
Not exact matches
If this is true, by the way, it means that attempts at
implementing liberalizing reforms are successful mainly during periods of great global liquidity, and this might have implications for China, especially if over the next few years global
central banks begin to withdraw the huge liquidity injections that have underpinned asset bubbles
around the
world.
Blockchain technology has the potential to overhaul the
banking industry and greatly impacts the current monetary mechanism; therefore,
central banks around the
world are stepping up efforts to
implement blockchain technology.