
Bubbleicious
Are you enjoying the sweet artificial taste as you chew on this lovely stock market rally? So are we. Hedge fund manager Crispin Odey reckons quantitative easing has fuelled investors’ desire to get out of cash and government bonds and into real assets, leading to a stock stampede that has turned into a bubble reports Reuters. And there is little sign this bubble is going to burst in the immediate future. At least ’till QE gets removed from the menu. So, …
Are you enjoying the sweet artificial taste as you chew on this lovely stock market rally? So are we.
Hedge fund manager Crispin Odey reckons quantitative easing has fuelled investors’ desire to get out of cash and government bonds and into real assets, leading to a stock stampede that has turned into a bubble reports Reuters. And there is little sign this bubble is going to burst in the immediate future. At least ’till QE gets removed from the menu.
So, his advice - “everyone should enjoy it”.
Pop.
Enjoy the bubble, says Odey [Reuters]









