We can argue all day long about whether quantitative easing policies from the
world's central banks are doing much to help the economy. But this much is for
darn sure: It is boosting a wide range of financial markets ... So, why are some
of the people who you would think would be the biggest beneficiaries of this
strategy so angry about it? That was the consistent tone among titans of the
hedge fund industry at the Sohn Investment Conference conference [sic] Wednesday
... Zero interest rates from the Fed haven't sparked inflation; interest rates
have fallen despite huge government deficits; and the stock market has risen
steadily in the face of a still-weak economy ... it may just be more convenient
to blame the (bearded) man behind the curtain as the master market manipulator
than to own up to your mistakes.
~ The Washington Post, May 9, 2013
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