Be careful not to assume the jump in stock prices in recent days is fueled by any renewed confidence about the economy or corporate profits. The genesis of the late-summer uptick in stock prices largely is due to central banks that are adopting easy-money policies to keep interest rates low and to promote economic growth.
Central bank action to spur borrowing at low interest rates typically gives a short-term boost to the stock market. The same central bankers also can fuel the markets by t
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