Central Banks Bailed Out Markets To Avoid Trillions In Pension Losses
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Central Banks Bailed Out Markets To Avoid Trillions In Pension Losses

Tyler Durden

Sat, 06/13/2020 - 12:22

The Organization for Economic Co-operation and Development (OECD) recently published a report showing how pension funds in OECD countries recorded a massive loss of approximately $2.5 trillion during the stock market meltdown in February through late March. Shortly, after that, central banks intervened with monetary cannons to rescue stock markets and other financial...

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