BARE CUPBOARD

There is growing concern that investors are losing faith in central banks.

We have written about this frequently. The repercussions should that come about would be severe since it's fairly widely believed the Fed and it's central banking buddies are out of ammunition notwithstanding what MSM  propagandists roll out almost daily.

It was once thought to be a fringe possibility as an economic tool, but negative interest rate policies are quickly becoming more common around the world.

Denmark’s NationalBank was the first to employ negative rates in July 2012. It has been followed by the likes of the European Central Bank (ECB), the Swiss National Bank (SNB), Sweden’s Riksbank and, most recently, the Bank of Japan (BOJ).

That this author writes NIRP was once thought to be fringe consideration given their sudden  widespread popularity among global central bankers tells you everything you need to know. The financial central bank wizardry cupboard is bear, folks

Here's an interesting read on the subject from Business Insider down under.

businessinsider.com/theres-a-big-problem-with-negative-interest-rates-2016-2