Central Bankers Next Test Of Omnipotence May Be Coming

Sunday, April 19, 2015
By Paul Martin

by Mark St.Cyr
ZeroHedge.com
04/19/2015

Here we are, just barely into our first earnings season without the incessantly added fuel provided by QE and the markets are stumbling. At times on Friday the indexes were hovering near the possibility of posting 2% losses going into the weekend. In today’s media mindset of “everything is awesome.” That’s near – unthinkable. No Fed speaker saved the day; no HFT-induced ramp came to the rescue… Maybe it’s because all ammo (and there has been no silver bullet more powerful of late than a Central Banker press conference) is being reserved for a much larger crisis looming on the horizon (i.e. Greece and all its tenuous implications calling for an “All hands on printing presses deck, battle stations” response).

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