Markets fall as ECB, Bank of England action hint at bad economic data
Ketul Sakhpara, CFA, Director of Research, EQC Funds speaks about ECB and Bank of England monetary stimulus. He says that it was expected. He says that fast movement by central banks hints at economic data that is more bad than market expectation, which has led to a weakness in markets. He also says the US jobs report on Friday will be a strong market mover.
