Sunday 08, April 2012 by Dr. Nasser Saidi
DIFC Weekly Economic Commentary: 8 April 2012
Easter mood did not sedate markets, which were generally weak especially after FOMC minutes reinforced the message that the Fed is not contemplating additional monetary stimuli. It is worrisome that stock markets are again primarily influenced by expectations of central bank liquidity injections like an addict mesmerized by the perspective of another shot, and not focusing on economic fundamentals.
