CLSA’s Russell Napier Scoffs at Operation Twist, QE3

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CLSA’s Russell Napier merely chuckles at Ben Bernanke’s meager efforts with Operation Twist…and also severely doubts the ability of The Fed to launch QE3. He sees some European banks being nationalized by Christmas, because it’s “The European Way”. Napier disagrees with the argument that valuations are cheap in The West, calling it “an illusion”, because […]

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