CLSA: n Russell Napier, QE2's and his Outlook on the inflation-deflation

Scottish economic historian of the S & p target price to 400?  Be still, beating hearts!

CLSA: "Russell Napier is my new favorite to take the listener to his interview with Jim Puplava financial sense.
He believes that the QE2 is reigniting credit growth of-at least here in the United States.  But now we export our inflation in emerging markets creditors.  So if the United States to take the policy of "qe Infinite" can be significant pushback.

(In 100% of his take to agree "in the Old West deflation (US, Europe and Japan), emerging markets in Asia and the inflation of" we are in the drawing that today).

Also, I appreciate his take Us by the Ministry of finance and the stock markets are both relatively overvalued the measure, which to a large extent the Fed QE events.  I've been arguing that we are still in the internal market and of our earthly Bear should be fine, not forgetting US stocks until they are sporting P/E: n 8 and 5-6%.

Napier attended the Singapore dollar as a possible "new Swiss franc", such as the Singaporeans have been allowing the currency to combat rising inflation, in the light of the above, the import from the West, forced.

Finally, he thinks, the world's environment, the depression could slump, although the deflationary environments yields rise at the same time (la 1931).  The biggest pain to everyone!

Again, here is the link to the full interview.

Hat Tip to send this along JL!

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