MACQUARIE: Central banks have tricked investors and created a ‘doomsday machine’

Stephane Mahe/Reuters This may not end well.  There’s an unprecedented level of calm across the markets, whether it’s measured by the low volatility in US stocks or G7 currencies. Economies across the world are growing steadily, and interest rates are still historically low — a desirable combo some strategists like to call “Goldilocks.”  Major credit for […]