Tuesday Link-Ups: When will Central Bank Monetary Policy be exhausted?

I hope fundamentals matter again someday.  Today, everyone is waiting on Janet Yellen, who is speaking before the Economic Club of New York:

• CNBC – Yellen more likely to lean dovish

Unfortunately, whatever she says will be the main driver of World Markets this week, not oil prices, not GDP growth, not corporate cash flows:

• TheStreet – Rev’s Forum: Let’s See If Janet Yellen Can Frighten the Bulls
• BusinessDay – European shares and the dollar gain as investors await comments by Yellen
• CNBC – Gold eases ahead of Yellen speech on U.S. monetary policy

The real question people should be asking – do any of these Central Bank shenanigans even matter?

• Bloomberg – Flood of Central Bank Moves Can’t Get World Economy Out of Rut
• Reuters – Japan’s negative rates a looming headache for central bank
• Bloomberg – Central Bank Interventions Are Fraught With Peril: Roach

The real irony here – is that we already know how this movie ends:

Update:

• Zerohedge – “Buy It All” Uber-Dovish Yellen Sends Stocks, Bonds, Gold, Oil Surging