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In the News: The Hill
Portfolio manager Axel Merk tells The Hill conflict in Iran could shake investor confidence and push the Fed to unleash QE3 "... Axel Merk, president of Merk Investments, based in Palo Alto, said a military conflict will cause oil prices to rise and 'high energy prices will cause headwinds' for the national economic recovery. He said regional conflict would shake investor confidence and risk aversion and predicted that could push the Federal Reserve to unleash a third round of quantitative easing…"
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