WSJ: Investors Brace for Further Tumult

Stephen Jen, managing partner at money manager SLJ Macro Partners LLP in London, said he is worried that the turmoil in emerging markets will continue to grow and that the selloff in risky assets could deepen and broaden later this year.

“I will watch the markets with more concerns than before mainly because [quantitative easing] has been in operation for too long and I am less sure if more morphine will do the trick,’’ said Mr. Jen, a former economist for the International Monetary Fund. “The world’s problems are mostly structural, which money-printing really could not solve.”

Read the original article on the ‘WSJ’ website.

Posted on the 23/08/2015 at 4:26pm by joana.