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How the ‘big kahuna’ of central banks may bring reality crashing down on stocks

June 14, 2018

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Pushed aside by investors who have been distracted by politics and trade bickering, central banks are back and demanding attention. And attention they are getting.

With the ink barely dry on that seemingly hawkish Federal Reserve statement, China’s central bank startled some by not following that U.S. rate increase. The Bank of Japan puts out its policy call on Friday — no surprises are expected, but you never know.

And from Latvia, the European Central Bank has just revealed its timetable to start paring back on its easy-money throttle. Ahead of that, the excitement was been building.

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