Wednesday, November 14, 2007

Canaccord sees liquidity injection driving equity markets higher

From the National Post's FP Trading Desk blog:

..."However, if central banks around the world have indeed embarked on a significant easing program to take place over the next year, the combined liquidity from all these sources could well drive equity markets higher than we could imagine."

He added that if current liquidity trends continue, petro dollar assets, Asian central banks and alternatives funds could control assets of up to $20.7-trillion in just five years....

Headlines you don't see every day:
Lululemon shares fall on seaweed report