Unrelated to past cycles, global central banks are easing monetary policy despite strong economic growth, high asset prices, and elevated inflation, highlights Bob Elliott, the chief investment officer at Unlimited Funds. Elliott also presents the underlying data in a thread on X (formerly Twitter) that reiterates these conditions.
What Happened: Elliott on Monday said that the central banks have eased monetary policy in the past during economic downturns like “post-covid, financial crisis, tech bust and ’98 crisis.”
