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Albert Edwards Sees Central Banks Losing Independence After Next Crash

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Mark Melin
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Albert Edwards must not have taken a summer respite yet, as in a July 22 research note he is up to his crankiest and cantankerous self as he leads his audience of well-heeled institutional investors to grab their pitchforks and protest society’s injustice administered by the world’s central banks.  Central Banks independence will be lost when "the people" turn against historic income inequality that has been masked by QE gymnastics,

central banks, QE, income inequality, independence
Developed world central banks, on a QE binge, have fostered income inequality, says a bank analysist, and it might lead to a loss of their independence

Central Banks independence, QE...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.