Apoteker: Further Easing 'Lethal Cocktail' for Bonds
Thierry Apoteker, CEO, Founder and Chief Economist at TAC Financial thinks a third round of quantitative easing would be the wrong medicine for the U.S. economy and would create a "lethal cocktail" in the bond markets, which many already see as heavily mispriced.
"If you have fiscal policy that is loose and monetary policy that is loose, commodity prices rising, then you have a recipe for a very lethal cocktail on the bond market," he said.
Posted on June 6, 2011
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