“We are not going to get helicopter money”, says Clem Chambers, CEO at ADVFN, as he joins the Tip TV Finance Show to discuss QE, the financial market meltdown, and carry trades, joined by Zak Mir, Technical Analyst at Zak’s Traders Cafe.
Key Quotes
“German money printing in 1920s and UK and US money printing in 1970s, and if you do that you get inflation, or if you overdo it you would get runway inflation.”
“It is all about carry trade. All money central banks pump ends up with the banks and they put it into carry trade. High-yielding highly liquid stocks are a great carry trade. ‘Boring stock with dividend’ is a great carry trade.”