Sunday 13 November 2011

The Global Village Of Finance Has A New Sheriff - Stocks ...

From: Financial Sector and Stocks Analysis from Seeking Alpha

8:39pm - November 10, 2011

By QFINANCE: By Ian Fraser The wild swings in global liquidity that continue to distort economies around the world might, if left unchecked, trigger the end of open capital markets and free trade, Bank of Canada governor Mark Carney warned in a recent speech. Carney, named head of the G20?s Financial Stability Board on November 4, suggested that this is a monster he intends to tame. In a lecture titled 'Global Liquidity', given to the Canada-United Kingdom Chamber of Commerce in London on November 8, Carney described liquidity as the ?Keyser S?ze? of international finance (in the 1995 film The Usual Suspects, S?ze is a shadowy crime lord whose ruthlessness and influence have acquired a legendary, even mythical, status among police and other criminals). Carney said that, just like S?ze, liquidity has: ?no agreed definition and, as a consequence, there ha...

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Source: http://ewallstreeter.com/the-global-village-of-finance-has-a-new-sheriff-4077/

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