Hello Team,
Saturday, June 19, 2010 17:49:18
Goldman Sachs Chief Economist O'Neill: just as many risks to the USD as the euro; government bonds are a "dangerous" investment given low returns and increasing inflation risk
- Surprised that many believe the "dollar is king" and the "euro is trash." Sees EUR/USD at 1.30-1.40 by end of 2010.
- Chinese yuan and Russian ruble will be in UMF basket by 2015.
- Sees BRIC nations combined GDP matching US in 2018.
- O'Neill speaking at an event in Russia.
Saturday, June 19, 2010 17:49:18
Goldman Sachs Chief Economist O'Neill: just as many risks to the USD as the euro; government bonds are a "dangerous" investment given low returns and increasing inflation risk
- Surprised that many believe the "dollar is king" and the "euro is trash." Sees EUR/USD at 1.30-1.40 by end of 2010.
- Chinese yuan and Russian ruble will be in UMF basket by 2015.
- Sees BRIC nations combined GDP matching US in 2018.
- O'Neill speaking at an event in Russia.
Depict history, predict future, and the area in between ...