Another Taper Tantrum?!?

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Taper Talk – Does This Global Liquidity Boom End With A Whimper Or A Bang?

 

Investors are looking stage left, reassured by the slow approach of faster high street inflation. They are missing the more sudden and threatening stage-right appearance of booming home prices and a skidding US dollar. These two misbehaving financial prices cannot be ignored by policy-makers or investors for too long. The Global Liquidity Cycle has already peaked and is falling: the debate now concerns how hard it falls? Will taper talk hasten the drop? Be prepared.

 

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