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Cross Asset Monthly
The Here and Now: A Kinder, Gentler Crisis
Feb 9, 2012
12:00:07 PM
| Last Updated
The more things change, the more they remain the same: EZ-ing up is the name of the game. Pushing activity and markets up are the forces of better-than-expected data and monetary easing—tides that lift all boats. After all, almost the entire world is back in easing mode—with major developed market (DM) and emerging market (EM) central banks both joining the fray, given the speed of deceleration in some EM economies.[...]
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