I always like posts from which I can learn. Such was the interview of Keith Barron in KWN today. Mr Barron pinpoints June as a pivotal point in the financial world. First, we will have a Greek election. Greece may leave the EU and cause a lot of calamities. The second important event is the FED meeting around the middle of June. Bernanke has already hinted that the FED considers the economic recovery too slow. This opens the door to QE3. But, if they do not decide at the June meeting, the next opportunity is in August - too close to the election.
Financial markets may react sooner.
Monday, May 28, 2012
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