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Will next weekend bring 'the big reset'?
Why, According to One Bank, Massive Central Bank Intervention Is Imminent
From Zero Hedge, New York
Saturday, February 20, 2016
Any time the relative performance of global financials to U.S. Treasuries has stumbled as far as it has, as shown in the chart below, it has meant one thing -- a major central bank intervention was imminent.
At least that's the interpretation of Bank of America's Michael Hartnett, who shows that in order to provide the kick for the bounce in this all-too-important "deflationary leading indicator," central banks engaged in major unorthodox easing episodes, whether QE1-3 or the ECB's QE. ...
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