“Central banks chill asset rally”
By Daniel at 1 November, 2009, 2:17 am
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“The liquidity tide is turning. Authorities across large parts of the world have either begun to tighten the spigot or are taking steps to wean their economies off emergency stimulus. This is a treacherous moment for markets.”
“A study of 19 “bear market” rallies over recent decades shows that bourses tend to tip over as the US Federal Reserve starts tightening. Equities fall back 25pc over the next 13 months on average. It is unlikely to be better this time. ”
You have been warned!
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6461568/Central-banks-across-the-globe-tighten-credit-again.html
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