Fisher Investments' Founder Ken Fisher Shares His Thoughts on Central Bank Policies

Fisher Investments’ founder, Executive Chairman and Co-Chief Investment Officer Ken Fisher discusses the role central banks play in markets. Ken thinks investors vastly overrate the impact of central bank policies.

Ken believes investors incorrectly attributed the 2009-2020 bull market to the Fed and central bank policy. He also thinks worries surrounding central banks today are misguided, because central banks don’t have that power. He says central banks are reactors, not “causers”—and markets typically overwhelm what they do. For long-term investors, Ken believes ignoring central banks is likely the better approach.