Reid: Reflation Instability Fear 'Vexing' to Markets

The video discusses market instability and the role of central banks in stabilizing the financial system. It highlights the impact of central banks' policies on market stability and the potential transition to different policies. The ECB's current strategies and potential changes are examined, along with the review process and its effects on markets. The video also explores the impact of the QE program on the corporate credit market and borrowing costs, noting differences in corporate behavior between Europe and the US.

How have central banks contributed to the stabilization of the financial system over the past several years?

What are the potential consequences if central banks decide they cannot do anymore to stabilize the market?

What is the significance of the review process that the ECB is undertaking?

What side effects might arise from the continuation of current monetary policies?

In what ways do European companies differ from U.S. companies in their response to borrowing costs?