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Video / 24 May 2016 at 9:02 GMT

Central banks are out of ammo: Jakobsen

Steen Jakobsen
Steen Jakobsen, chief economist and CIO of Saxo Bank, argues that the world’s central banks’ policies are not working.

Jakobsen says the central banks lack an ability to renew their strategies and therefore their impact on the market is merely short term. 

He says the world instead needs better education, better central structures and a closer look at how people can be more productive.

You can read more about Jakobsen’s view on central banks in this interview.
24 May
JakubSzalaFX JakubSzalaFX
It is really gloomy scenario we got hear.
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