First published by Money Metals here:
https://www.moneymetals.com/news/2019/03/04/stock-market-rally-global-monetary-liquidity-001726
If you’re puzzled by the magnitude of the stock market correction since late December, you can thank the central banks for the rally. Yes, that’s correct… after the Dow Jones suffered the worst Christmas Eve trading day ever, the massive central bank monetary liquidity helped push the index up 20% from its low over the next two months.
