6/16/09

Food for thought

June 16 (Bloomberg) -- Goldman Sachs Group Inc. chief economist Jim O’Neill said financial markets could weaken in coming weeks amid concern about governments’ intentions on rolling backing stimulus packages.

“I wouldn’t be surprised if what started yesterday is the beginning of a correction that goes on a few weeks,” O’Neill said in an interview today in Monaco. “The markets have had a lot of juice thrown at them. You take away a bit of the juice, at first it’s going to be a bit trickier.”

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I will be happy to speak to your investment group on how the business cycle impacts investment strategies and the choice of asset classes.

George Dagnino, PhD
Editor, since 1977

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