It's gone daft. Chinese stocks are in a bubble and the Baltic economies are overheating. They'll end up collapsing under their own weight.
The Fed keeps going back to easy money as a solution,'' Bennett said. ``It's indicative of what's going on around the world. The Fed sets the tone and the last thing these countries need is a looser monetary policy.
~ John Bennett, 44, oversees GAM's $1.1 billion European Equity Hedge Fund, "'Overheating' Emerging Markets Change Bennett Into Baltic Bear," Bloomberg.com, October 30, 2007