Central banks had thrown money at the market since 2000 and being at it for over twenty years. This time, however, Central Banks are running out of powder, and the debt bubble they helped to create is astronomical, over $250 Trillion. ECB, BOJ, and many other major economies have already fired their last shot with no effect.
Global economy is on life support. Worries growing over the Fed’s efforts to fix funding issues that is all likely to get much worse.