Hans Goetti, chief information officer (CIO) of Asia at Finaport told CNBC-TV18 that the markets are not trading with a hope of third quantitative easing programme (QE3). According to him, quantitative easing drives investors into the risk of trade and riskier assets.
Further, he shared his views on Fed chairman Ben Bernanke's speech at the Jackson Hole meeting. Goetti indicated, "The economy is slowing and there isn't anything on the horizon to help it grow faster in the second half." Below is the verbatim transcript of his interview. Also watch the accompanying video. Q: Did you feel that Ben Bernanke, in his speech, hinted that there will be some serious discussion on September 20 or 21? A: QE3 or its any form is a question of time. The economy is not as strong as some people make us believe including chairman Ben Bernanke, who keeps his fingers crossed and hopes for the economy to recover. The economy is slowing and there isnDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
