Читать книгу Equity Markets, Valuation, and Analysis - H. Kent Baker - Страница 52

In some extreme cases, the government may use monetary policies to restore the stock market and investor confidence. After the Great Recession from 2007 to early 2009, central banks worldwide conducted several rounds of quantitative easing (QE), which generally means buying government bonds to make bonds less attractive to investors and to enable firms to receive cheaper funds for future projects. Although these QE policies have their fair share of critics, they boosted the stock markets and helped restore investor confidence. Consequently, with the improved stock market, firms began to invest more. Traditionally, an increase in business investments is associated with hiring additional employees and, therefore, an accompanying improvement in the job market.