Global Monetary Policy Map

Global Monetary Policy Map This chart shows that in 2019, central banks cut rates by most in a decade. Image: Topdown Charts

Central Banks – Market Risk Trend and Economic Policy Trend

Central Banks – Market Risk Trend and Economic Policy Trend Chart suggesting that risk assets’ sensitivity to political risks has been neutralized by central banks’ QE and dovish monetary policy stance. Image: Image: BofA Global Research

VIX and Fed Monetary Policy

VIX and Fed Monetary Policy This year, the VIX average has been similar to 2018, despite Feds’ policy U-Turn in January. Image: BofA Merrill Lynch Global Research

A Hall of Mirrors in Monetary Policy?

A Hall of Mirrors in Monetary Policy? This chart suggests a feedback loop between bond market pricing and central bank decisions. Image: Goldman Sachs Global Investment Research

Zombie Companies in Europe

Zombie Companies in Europe After years of unprecedentedly easy monetary policy, zombie companies in Europe are back on the rise. Image: BofA Merrill Lynch Global Research