Stiglitz? Stiglitz Who? Central Banks to Ensure Rally to Continue

Joe Quinlan, Managing Director and Chief Market Strategist, US Trust-Bank of America Private Wealth Management in New York, discusses the imperviousness of global markets to the main risks to market stability of geopolitics, (the possibility of) policy reversal and liquidity, the chances of a major oil shock, Joseph Stiglitz's comments that he is "very uncomfortable" with current stock market levels, central bank committment to market stability, the chances of a central bank policy reversal and expectations for the upcoming FOMC meeting.