The trends in markets haven't changed and people still continue to buy yields and high growth, an analyst told CNBC on Wednesday.
"It's all a fix. Nothing has changed," Peter Toogood investment director at City Financial Investment Company joked when asked if he expected a breakout in the market anytime soon.
"There is no discovery, no real price discovery. And money printing is all a bit silly really so there we are."
A number of analysts have pointed out that markets were increasingly losing confidence in central banks and their monetary policies. Central banks around the world have taken measures including cutting interest rates to record lows and even into negative territory in order to stimulate ailing economies. Other measures such as bond-buying have also been launched with the aim of boosting lending and growth.
But with markets getting pushed into a world of further easing and low interest rates, analysts are starting to worry that central banks could soon run out of ammunition and the spotlight will then turn to fiscal stimulus.
"Even though central banks are claiming they will use all the tools they have to reach their inflation target, it seems they are more and more running out of options," Christophe Barraud, chief economist at Market Securities told CNBC via email. "Key rates are already very low, yields are at record low, therefore central banks don't have a lot of room to go further with rates or quantitative easing (QE), especially with banks struggling to generate profit with negative yields weighing dramatically on their margin."