When it comes to monetary policies, mixed messaging is the new transparency, according to one Wall Street strategist.
On CNBC's "Trading Nation" last week, BK Asset Management's Boris Schlossberg said that in an attempt to decrease volatility and prop up the global economy, central banks around the world appear to be working in conjunction with one another.
"Something unusual happened after the G-20 meeting this year — all of the central banks went into very, very high accommodative mode," said Schlossberg. He pointed to the move to negative interest rates in Europe and Japan as well as China's decision to devalue it currency. "The markets have caught most investors by surprise because they haven't followed the proper script, but instead look to have been fully manipulated by central banks," he added.