My take on the commodity supercycle and stock market zeitgeist...and the new era of precious metals, uranium (just bottoming, btw)and alternate energy. As I have said here since 2005 "Get ready for peak everything, the repricing of the planet and "black swan" markets all over the place".
29 June 2006
Liquidity growth essential to sustain bull mkts: Faber > > MARKET OUTLOOK > Marc Faber,Central Bank ,US,Middle East
Moneycontrol India > News > Liquidity growth essential to sustain bull mkts: Faber > > MARKET OUTLOOK > Marc Faber,Central Bank ,US,Middle East: "I think what has happened is that the rise in interest rates is symptomatic of relative tightening. I wouldn't call it a tightening in earnest because the rate of inflation is probably somewhat higher than the Fed fund rate in the US. Credit growth actually accelerated in the first quarter of this year in the US very sharply and so we don't have an absolute tightening."
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