The WSJ and the FT have published with analyses of the implications of policies of "easy money"/
lower interest rates in Europe. The WSJ notes that the policy is at least partly in response to evidence that seems to indicate the low rate policy has "worked" US economic growth is back on track and at this point the predicted inflation has not come about. Certainly the low rates have fuelled rises in the prices of financial assets with the ubiquitous "bubble" terminology in the words of many.
What are the implications for investors ? the WSJ writes