Jun 24, 2013

Fed`s Liquidity Injections Are Not Creating Credit For The Real Economy

"The Fed’s liquidity injections are not creating credit for the real economy but rather boosting leverage and risk-taking in financial markets." - in Wealth Daily

Related ETFs: Financial Select Sector SPDR ETF (XLF), SPDR SP 500 ETF (SPY), iShares MSCI Emerging Markets ETF (EEM)

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.