Market Talk

Big dividends at home, seismic monetary policies and reassertion of power by the world’s central banks defined 2015

An activist attacks European Central Bank president Mario Draghi during a press conference in April Pic: Bloomberg

It started with a central bank decision and ended with a central bank decision. However, there was plenty of action in between as the great market run fuelled by cheap cash in the wake of the financial crisis came to an end.

There is no doubt 2015 was the year when the world’s major central banks reasserted their control over markets: from Mario Draghi’s firing of the quantitative easing gun in Europe in ...