End Times for Abundant Liquidity
September 26, 2017
The end of excessive liquidity is near. That is what the Federal Reserve Board Chair Janet Yellen signaled last Wednesday, meaning the Fed will soon start trimming down US$4.5 billion worth of assets. Yellen also hinted at an increase in the Fed rate before the end of the year.
These policies are sure to change the landscape of portfolios globally. Investment funds will move capital in and out of many countries in adjustment. Emerging markets,
...