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Global market liquidity could 'freeze like the water in Davos,' UBS CEO says

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Global market liquidity could 'freeze like the water in Davos', UBS' Ermotti says

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 /  🏆 12. in ZA
 

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I keep seeing the news of warnings but central banks seem to be ignoring them. And it's hurting my short positions.

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Davos divided: Titans of business are split over the chances of a global recessionThe world's business elite agree that economic growth is slowing. But when it comes to a possible recession, the consensus ends. I’m sure they’ll make it happen! And they needed to go to Davos2019 to opine on this topic? Recessions are cyclical and necessary. We are now overdue one.but the next one will be catastrophic for the global economy. It's all about debt.
Source: CNBC - 🏆 12. / 72 Read more »