Sure, a bit of gallows’ humour, a bit of a laugh, a stick two fingers
up at the markets and then put your hands together and pray things get
better … it just gets hard to know what to say.
It’s not that it’s hard to say something, there’s loads to talk about.
It’s just that most of it seems slightly less significant right now.
News announcements that would normally garner inches
of media columns, and plaudits and pundits debating, go under
the radar right now.
Even the news that the Russians have put $37 billion into their banking system
doesn’t do much for anyone.
The Brits are going to pump £50 billion ($90 billion) into the
system and still the share prices of banks bouncing around faster than a bungee
jumper on speed … great.
The trouble with this entire pimped-up ride of
cash we’re generating out of thin air is that the markets don’t get it.
The
markets ain’t responding.
So what are we going to do?
Who can get the heart of the financial markets beating?
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
