In the News: Fox Business

Portfolio manager Axel Merk tells Fox Business Dubai's woes signal easy money for some time

" 'At the very least, it will lead U.S. fiscal leaders to continue their policies of low interest rates and “easy money”,' said Axel Merk, manager of the $400 million Merk Hard Currency Fund and author of the recently published book "Sustainable Wealth".

'It shows that this is not a clear recovery. Things are more complex than that,' he said. 'The Fed will keep interest rates low and continue to print money because there are still a lot of issues out there.' ”