Central bankers and the Great White Whale

10th February 2019 Off By binary
Central bankers and the Great White Whale
start trading binary options

Here’s the Financial Times:

Global economy: Why central bankers blinked

It’s been 18 years since I read Moby Dick, but I vaguely recall that Captain Ahab made the mistake of anthropomorphizing the white whale.  Ahab had a sort of steely-eyed gaze—and didn’t blink when seeking revenge.

Central bankers need to work hard to avoid anthropomorphizing the market.  Better to view market forecasts as a sort of natural force, like wind and waves.  If market forecasts change (as they did late last year), then by all means “blink”.  

It’s nothing personal.

Read more about eu binary options trading and CFD brokers