11 October, 2011

Global Liquidity Is Tightning

Despite the fact that the European Central Bank and the European governments will flood the market with liquidity to bail themselves out, global liquidity is tightening. Whenever global liquidity is tightening it is bad for asset prices but good for the U.S. dollar, as was the case in 2008. - in CNBC

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.