The breakdown in the central planning #BeliefSystem is worth studying. It's partly why, from June 2015 to today, $7 trillion has evaporated into thin air. That's the dollar amount that's been lost in total world equity market cap.
<chart2>
Despite the best efforts of central planners, economies in Europe, Japan and China remain mired in sub-par growth. After 673 central bank rate cuts globally, the global equity markets reflect this weakness.