Saturday, September 22, 2012

Have fun in the QE sun but real world key to bull run





While we may want to enjoy the quantitative easing-fuelled rally while it runs, it is probably best to remember that sometime, perhaps soon, a bull market will depend on improvement in the real economy.


We've had our fun, and central banks globally have actually achieved a lot, but there are good reasons to believe that this time quantitative easing (QE) will have even more trouble creating carry-through in the world outside financial markets.









via Business feed http://www.scmp.com/business/economy/article/1042681/have-fun-qe-sun-real-world-key-bull-run

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