Aug 27, 2012

The Only Thing That Can Lift Markets

The only thing that can lift markets is Fireman Ben's liquidity hose in Jackson Hole and expectations of more QE by Bank of England/ ECB/ Bank of Japan/ PBoC/ other Central Banks. - in Twitter

Related: iShares MSCI Emerging Markets ETF (EEM), SPDR Gold Trust ETF (GLD), SPDR SP 500 ETF (SPY), iShares MSCI Brazil Index ETF (EWZ), iShares Russell 2000 Index ETF (IWM)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.