Global equity market investors have lost a stunning $16.5 trillion of their newfound CB-fueled “wealth” in the last six months. This has erased half of the gains from the 2011 lows (but of course leaves all the debt created still in place). However, what is perhaps more troubling given the unprecedented money-printing since the last crisis peak, is that global equity market “wealth” is now down 10% from its November 2007 prior highs.
Trillions of money printed and debt created and equity “wealth” is now down $6 trillion from the 2007 highs…
Put another way – your plan failed CBs!
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