PUYALLUP, Wash. -- Perhaps inspired by the popularity of synchronized diving at the last Summer Olympics, two men reportedly teamed up to rob the same bank at the same time Monday in Puyallup.

Forget the adage about measuring twice and cutting once. Aside from the Bank of Japan, major central banks are in a hurry to tighten financial conditions even as a cyclical slowdown weakens demand.

People are "spending a lot on experiences" such as dinners and travel even as signs emerge of a weakening global economy, BofA's Brian Moynihan says. "Last year, we were talking about synchronized ...