Currency Kings: How Billionaire Traders Made their Fortune Trading Forex and How You Can Too by Ben Robson

Author:Ben Robson [Ben Robson]
Language: eng
Format: epub
Tags: Personal & Professional Development
Publisher: McGraw-Hill
Published: 2017-08-11T04:00:00+00:00

QUANTITATIVE EASING

After a rout, it takes time to recover. The fallout from the global financial crisis had been harsh, and worldwide interest rates collapsed. Governments and central banks from all over the globe engaged in “quantitative easing” and pumped money into the system in order to encourage companies to borrow cheap funds and use it to grow their businesses.

Many banks and brokers that dealt in shares proposed strategies of buying single stocks or indexes in monthly increments. “Doubling down” for an inevitable recovery was a viable strategy. Stock markets started to recover in leaps and bounds. Consumers gained confidence.

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