(HedgeWeek) Globally coordinated monetary stimulus prevented a potential economic meltdown in 2008 and helped create a quick rebound in the capital markets. We have since seen the longest economic expansion on record. Unfortunately, the effectiveness of monetary stimulus declines the more it is used. Ideally, it should only be used during recessions in order to reduce a downturn’s severity and duration.
Global Negative Interest Rates, What Can Go Wrong and What Should Investors Do?
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