Inflation through the roof, A&L smashed, along with Bradford & Bingley, HBOS, Barclays…
Sound familiar? Try this:
It is our thesis that Wall Street’s two cynical campaigns to enrich itself by inflating bubbles and draining investor savings (the tech mania and housing bubble) have done more than spawn two unnecessary recessions and a global financial crisis: they force investors to rethink their risk appraisals and investment policies.
That’s from Donald Coxe, global portfolio strategist at BMO Financial.
Find out about the “bipolar financial and economic power shift which is simultaneously creating new global economic leaders, dethroning Wall Street as the ruler of the international
financial system, and spawning a financial crisis and recession.”
Join Markets Live at 11am on Tuesday.
Hit the tab above or click here.
Comments
This post is closed to comments.