Portfolio manager Axel Merk tells Bloomberg that the bond market is the only language policy makers will listen to
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'The bond market is the only language policy makers will listen to,' Axel Merk, chief investment officer for Merk Investments Llc said in an interview with Bloomberg Television’s Betty Liu. 'Once the bond markets impose austerity on the country that’s when they follow through, when there is a backing off, when things are going better, that’s when they lapse.'…"