Economic good news from Europe and China indicate that changes in monetary policy are likely. The United States and Europe are likely to take different routes forward and this provides an opportunity for those investors willing to take risks.
<i> Most commentators believe that the world’s financial crisis is virtually over and that the next step is going to be tapering – the end of generous monetary policy. Markets have already, at least partially, anticipated this possibility and substantial amounts of money have left those high-yield countries considered vulnerable to high interest rates. This report suggests a more differentiated view. Tapering is likely to occur in the Unite...
