Through the dark days of cheap mbt shoes the financial crisis, and the grey days of the halting recovery that have followed, investors have always been able to count cheap mbt sandals on backing from two sources - Ben Bernanke and Beijing.
They have provided stimulus, high quality mbt shoes mainly by pumping funds into the U.S. and Chinese economies in various ways, when other pillars of support had become unreliable. mbt shoes free shipping
That helps to explain why global financial markets took such a beating last week when both signaled that they are getting tired of being leant on so heavily. mbt sandals free shipping
Bernanke, the chairman of the mbt shoes sale uk U.S. Federal Reserve, set a timetable at last week's Fed meeting for the central bank to reduce the size of its bond buying program with a view to ending it by the middle of next year.
Meanwhile, his mbt shoes outlet counterparts at the People's Bank of China (PBOC) engineered a cash crunch as a warning to overextended banks - and this from a central bank that has previously always provided liquidity when cash conditions tightened.
A lot will now depend women mbt kisumu sandals leopard on whether this kind of behavior from either hurts the global economy enough to seriously damage the confidence of businesses and consumers, with the resulting fallout for spending, mbt dandals men corporate profits, and hiring.
"A trading environment once predicated on free money forever is now being reassessed," said Eric Green, TD Securities' global head of rates research, in a note to clients. mbt sandlas women The prospects of the Fed stopping its easy money policies "leaves few willing buyers to step in" as prices drop, he said.
In China, a sudden leap in rates for short-term borrowing to record highs should help rein in mbt women's kisumu sandals snake