Kontent News

My take on the commodity supercycle zeitgeist...and the rise of the precious metals, uranium and alternate energy. Get ready for peak everything, the repricing of the planet and "black swans" all over the place..

Thursday, June 29, 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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