“The government is still lacking a viable strategy to promote financial stabilization,” Larry Brainard, chief emerging markets economist at TS Lombard, wrote in a note this week. ”(Its) new plan ... is unlikely to make progress in cleaning up banks’ balance sheets. This suggests a prolonged financial and economic squeeze lies ahead,” he added.
We have a 30 year track record of successful calls. Many of these calls combined economic, political and market analysis.READ MORE