(Any opinions expressed here are those of the author and not necessarily those of Thomson Reuters)
(Any opinions expressed here are those of the author and not of Thomson Reuters)
The focus is back where it should be for equity investors – fundamentals.
In the past few years, markets around the world have swayed to the wave of liquidity unleashed by central banks in a bid to get their economies back on track. The U.S. Federal Reserve, for one, was buying as much as $85 billion of bonds a month since September 2012. But that tap is beginning to taper with the Fed reducing purchases by $10 billion in January and another $10 billion in February.