Thursday, September 6, 2012

A lot of Money is flowing into The European Equity Markets

Marc Faber : “In the worst case scenario that the euro collapses and Spain and Italy for example exit the euro zone, the markets of these countries will adjust to the upside,”
“Also if you are an investor in one of these countries, what are you going to be more comfortable holding — the deposits in one of your banks or equities? So, I think a lot of money is flowing into these equity markets because the perception is that they are safer than bank deposits.” - in CNBC Asia


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