Sovereign wealth funds strategize as the US continues to print to prosperity
Heads of Finance in Brazil, Germany, and China were not ecstatic about QE2 (Quantitative Easing). Around the world, Sovereign wealth funds were keenly aware that the Federal Reserve bought an additional $600 billion in treasuries. Several were perplexed by the Fed’s decision for QE2 as asset purchases may not motivate the United States economy in lending or borrowing. Consumer demand in the United States is at a near low, with unemployment trending high. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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