Monday, October 24, 2016

Jean-Marie Eveillard Warns On
The Possibility Of ‘Extreme Outcomes’
"The behavior of central bankers is mindless and I think there will be unintended consequences. I suspect that it might end badly, and we have to worry about the long-term. I want to be careful here because I’m so old that I’ve been in this business one way or the other for a little more than half a century .. Equities are very historically expensive. The fact that interest rates are zilch cannot continue forever, so I suspect that one needs some protection against risks .. Central banks should not pretend they know what will happen .. The price of money is probably the most important price. And it is being manipulated in a very artificial manner by central bankers."
LINK HERE to the article & podcast

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