Supportive Environment for Risk Assets in 2020: Aviva Investors

The video tutorial discusses the evolution of bank balance sheets since 2008, highlighting the growth of the BoJ, ECB, and Fed's balance sheets. It explores the concept of quantitative easing (QE) and its impact on markets, emphasizing the role of central banks in expanding balance sheets and providing liquidity. The tutorial also examines global monetary policy trends, noting the synchronous interest rate cuts by central banks in 2019. Additionally, it addresses fiscal policy challenges, including government spending and wealth inequality, and the need for political unity in Europe to implement effective fiscal measures.

What are the implications of the growth in central bank balance sheets since 2008?

What challenges does the ECB face in achieving its inflation targets?

How does the current monetary policy environment support risk assets?

What factors contribute to wealth inequality and low interest rates in today's economy?

Discuss the relationship between fiscal policy and monetary policy in the current economic climate.