Is the dash for risk still on?

The stock markets do enjoy a bit of money printing. The news of aggressive monetary policies from Japan boosted Japanese share prices dramatically in recent months. Continued monetary expansion in the US has reassured investors about the country. The UK is awaiting the arrival of a new governor of the Bank of England, who is expected to be more expansion minded than his predecessor. While the European Central Bank has to be more constrained thanks to the German horror of easy money and inflation, even in euroland the expectation is for more monetary easing in due course. Recently, ...