As Easy-Money Era Winds Down, Investors Bet on Growth

Exuberant U.S. markets are in some cases offsetting central banks’ shift away from low rates By HARRIET TORRY, JASON DOUGLAS and SHEN HONG Updated March 16, 2017 8:44 p.m. ET Central banks around the world are signaling a move away from ultra-easy money, but financial markets are responding as if the low-interest-rate party isn’t stopping.