ECB Taper Talk Highlights Market Fragility: Rosenberg

The transcript discusses the dependency of financial markets on monetary policy, highlighting the concept of 'taper tantrum' and its historical context. It explores the role of central banks in policy accommodation and the challenges of unwinding such policies without causing market volatility. The discussion includes different forecasts for interest rates and the potential impact of unexpected events on these predictions.

What does the term 'taper tantrum' refer to in the context of financial markets?

How do changes in monetary policy affect market stability according to the discussion?

What are the implications of quantitative easing on corporate bonds as mentioned in the text?

What differing views do financial institutions have regarding future interest rates?

What potential events could disrupt the consensus view of interest rate hikes?