Markets. Japan is pressing ahead with a program of QE. They have been doing this forever. He thinks they have to do these things. The markets are not responding. He has never seen bigger dichotomy about the future than now for 2013. A wide, wide range. Does EU fix itself? The US? He doesn’t think so, but liquidity can keep the markets going for a while. TSX has no net gains for 5 years.
Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc. http://www.etfcm.com
I don't understand this comment. They've been easing? Can anyone explain this?
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