A recurring theme of recent issues of this report has been that asset markets will remain extremely volatile. There is a tug-of-war between U.S. economic policy makers - notably, the Fed - who wish to support asset markets in order to stimulate consumption, and the private sector, which is tightening lending standards and bringing about slower credit growth and an economic downturn.
April 18th, 2008 | Marc Faber | 0 comments | Continued
