RBA's Debelle warning of violent market crash raises question about whether central bankers should be talking down markets when confidence is so fragile. Regardless of what one might think, it is clear that central bank actions and policies will be more, not less, intertwined with capital markets over the medium term, if not longer.
I don't know how much attention financial markets pay to these comments? They definitely get airtime in the press but I am skeptical as to how investors would view an RBA Governor's view on markets. Policy intervention certainly... but talking down markets I am not so sure.