Leads, Lags, Liquidity, and Bubbles

The alphabet soup of unconventional monetary stimulus measures has prompted much hand wringing about bubbles. But ITG’s Chief Economist, Bob Barbera, notes that the policies have achieved at least one key goal: loosening bankers’ purse strings. He believes the recent Fed Loan survey points to strong GDP growth ahead. Also this week: why the US trade deficit will get worse before it gets better.

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