So QE works then

More money has been raised in IPOs in 2020 than in any year since the financial crash, according to Dealogic, and this year may surpass the 2007 peak. Markets have surged to all-time highs amid monetary stimulus measures and the prospect of a coronavirus vaccine boosting the economic recovery.

Sure, we can call it asset price inflation. We can also call it people moving out along the risk curve. The aim and idea of doing QE…….

3 thoughts on “So QE works then”

  1. Diogenes

    Yup.

    Ditto the art market, fine wines and all the other assets that people have scrabbled to throw their loose money into.

  2. And it’s only after about 10 years that we see these daft IPOs. That implies something about the success of the policy

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