“IMF tells regulators to brace for global liquidity shock”, Ambrose Evans-Pritchard report on The Telegraph. “Investors are borrowing money to buy shares on the US stockmarket at a torrid pace and are resorting to the same sorts of financial engineering that preceded the last two financial crises. (…) The report said there are clear signs that underwriting standards are deteriorating in a pervasive search for yield.”
Read a related article by the same Auhtor on liquidity and the US Fed here.
