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Don't see a year-end rally: EM Capital Management

The world's major central banks acted jointly on Wednesday to provide cheaper dollar funding to European banks facing a credit crunch. Seth R. Freeman of EM Capital Management says, the increased liquidity just covers up the underlying problems. He doesn’t see a year-end rally. “I have been wrong before, but I just don’t see it.”

December 01, 2011 / 10:38 IST
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The world's major central banks acted jointly on Wednesday to provide cheaper dollar funding to European banks facing a credit crunch.

Seth R. Freeman of EM Capital Management says, the increased liquidity just covers up the underlying problems.
TAGS: #Europe #FII View #France #Greece #markets #Nifty #Sensex #Seth R Freeman #US
first published: Dec 1, 2011 10:05 am

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