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Home > About Us > In the News > July 14, 2011

In the News: Bloomberg TV

In both word and action, Bernanke may want a weaker dollar, portfolio manager Axel Merk tells Bloomberg TV

"…

Bernanke would love to have another economic stimulus on the fiscal side, but that is not happening. Without those tools around, maybe another round of quantitative easing is in the cards. We saw the reaction, the dollar selling off sharply versus all currencies, which is clearly a sign that the market interprets this as a sign there may be more easing down the road…."

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