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. For more of Ken Fisher and Fisher Investments’ thoughts on the markets, visit us at https://www.fisherinvestments.com/en-us. Connect with Fisher Investments on: • Facebook - / fisherinvestments • Twitter - / fisherinvest • LinkedIn - / fisher-investments You can also follow Ken Fisher here: • Facebook - / kenfisher.fisherinvestments • Twitter - / kennethlfisher • LinkedIn - / ken-fisher • Instagram - / kenfisher_fisherinvestments Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.