In the News: Barron's

Portfolio manager Axel Merk tells Barron's Asian policy makers may allow their currencies to rise as the dynamics of Europe's threat of contagion plays out

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Axel Merk, president of Merk Investments and manager of mutual funds including the firm's Asian-currency fund, expects "the rest of the world to panic because Europe is in trouble." Yet the resulting looser monetary policy ultimately will help reflate asset prices, which means Asian central banks can't entirely brush off the threat of inflation…"