End of Cheap Money a Recipe for Market Volatility: Cliffe

Mark Cliff discusses his report 'New Abnormal', highlighting ongoing financial system safety efforts post-crisis. The conversation shifts to central bank policies, focusing on the challenges of adapting to reduced monetary support. The discussion emphasizes the abnormal economic conditions and potential volatility, particularly concerning quantitative easing and its exit strategies. The impact of these policies on currency markets, especially the yen and euro, is also explored.

What are the implications of the financial crisis on the safety of the financial system?

How does the concept of 'cheap money' affect market stability?

What challenges do central banks face in normalizing interest rates?

What are the potential consequences of divergent monetary policies among major central banks?

In what ways does quantitative easing impact foreign exchange markets?