Wall Street Journal on big financial investor musings at Davos --
Elliott Management chief Paul Singer, who runs a $26 billion hedge fund, said, “If central banks double down on their policies of QE, ZIRP and NIRP, it could cause a loss of confidence in central bankers, paper money in general, or one or more currencies, and lead to a collapse in bonds and stock prices.”
Paul Krugman explained a few months back the context in which comments like these should be judged. Singer believes that a President Rubio would solve the above problems.
Elliott Management chief Paul Singer, who runs a $26 billion hedge fund, said, “If central banks double down on their policies of QE, ZIRP and NIRP, it could cause a loss of confidence in central bankers, paper money in general, or one or more currencies, and lead to a collapse in bonds and stock prices.”
Paul Krugman explained a few months back the context in which comments like these should be judged. Singer believes that a President Rubio would solve the above problems.
No comments:
Post a Comment