Wednesday, September 18, 2013

WISHY AND WASHY

These are the times of extreme volatility and confusion. And thanks to Fed's wishy washy policies and unclear stance on tapering, the chaos is likely to continue. Among the many voices criticizing Fed's policies, one of the strongest comes from the legendary investor Jim Rogers. And is definitely worth listening to. Mr Rogers sees a disaster in the making as more and more money is being printed. The latter will only lead to destruction in the currency value and hence wealth. 

Currently, this money is finding way in financial markets leading to asset bubbles or stock markets. No wonder, markets are getting disconnected with the underlying economic fundamentals. But sooner or later the liquidity is going to dry up just making things worse for the global economy

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