Fed’s Liquidity Injections Are Not Creating Credit For The Real Economy – Dr Nouriel Roubini Blog 07-23-13

Salient to Investors:

Nouriel Roubini writes:

QE is not creating credit for the real economy, but instead boosting leverage and risk-taking in financial markets. The issuance of risky junk bonds is increasing and the stock market is at new highs, despite the growth slowdown. Money is flowing to high-yielding emerging markets.

Read the full article at  http://drnourielroubini.blogspot.com/2013/07/be-sure-your-seat-belt-is-securely.html

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