The single dominant belief for
investors since 2008 has been that the world’s Central banks will not
permit the markets to fall to pieces.
There are primary two primary reasons for this:
http://gainspainscapital.com/2013/08/21/the-fed-is-insolvent-do-you-still-think-the-crisis-is-over/
There are primary two primary reasons for this:
1) The Fed and other Central Banks managed to hold the system together in 2008-2009.
2)
Central Banks have stepped in time and again to prop up the markets
every time they staged a significant correction since 2008.
The most obvious culprit here is the
Fed, which has stepped in following every market correction in the last
four year, either with the promise of a new round of QE or outright
announcement of a new round of QE.http://gainspainscapital.com/2013/08/21/the-fed-is-insolvent-do-you-still-think-the-crisis-is-over/
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