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Market Pulse: Nothing to fear from Fed

Tuesday, June 18, 2013 - 04:02

June 18 - Markets have nothing to fear from the Fed's two-day policy meeting says Praefinium Partners founder Alpesh Patel.

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It's. Welcome to this special edition of Moffitt -- live from -- streets. Why in the heart of London's financial district and we need it. -- -- -- -- -- -- -- -- passion is only one story in town and what Ben Bernanke didn't think -- -- those might -- -- They've already actually what are -- gonna say I'm gonna try and calm people down face to send a world grown up now we've got enough growth. That we can take the stabilizer -- off the bicycle that he's provided us we're all big boys and girls and we can do without quantitative easing an asset purchase that. I'm motivated to always gonna do it isn't gonna. Focused on hope of growth. Just that eases all that little full of babies dummy that we've got used to have QB. And China have also watching China closely because it. You know -- that extra money infiniband perhaps that credit bubble busting on you son my oldest tour. No and isn't it coincidental that just the Americans talking about easing off fault but your policy the Chinese are stepping up. Chemicals that could -- -- secure item or conspiracy theories that the -- back. The Chinese have golf to be concerned about inflation because you see what's happening in Brazil. Too high rises and prices and -- get social unrest in the Chinese well not a bubble wealth. So it is interstate that they're thinking about monetary easing and lowering interest rates and that's a good bid boosted emerging market. Just that the emerging markets got concerned that the Americans much the profit part. Apple speaking matching -- has seen the demonstrations in the snow off the taxi. So nice mountain passes be worried about all this asteroid -- Well this to the one of the investors now you look at any long term Trotter road for the country in time to GDP and directly called right to the market capitalization in the stock market. So far to tell against the colts we're gonna have to be an emerging markets over twelve month period trifle unfair to all these politicians are gonna get the -- place called Sonic -- hope. Hopefully all that great a wild. And of course when they can't deliver you got 200000 people at present here is useful. Lost 48 hours protesting what its general -- that we got tired of all that promise that baffled us time to get short time. -- through a longer term you've got to go with the conference with the greatest growth rates and those that got into vehicles countries like Brazil trying to Arabia. Johnnie Nelson had a big disappointments on me today that they PW showing a slight uptake I have things on the Bundesbank is talking potentially. Slowdown in the second half exciting. I'm definitely on the side of -- and the reason I'm on the photograph regarding. -- Europe as a whole -- Russell the chairman of golf through this magnificently well this whole European debt crisis. But also I just look at the fact that that is the world's largest trading thug you're looking at a sixteen trillion dollar economy in the EU. Even if you get no growth that old. I'm 31 direction left to go -- given that we've gone through all the debt crisis and a direction that is going to be outlook because we go through the west I. And just to finish off two weeks ago we spoke to use. You optimistic and that -- teasing you said you know they didn't see this bull run continues throughout the summer but it. -- he's still not. Optimistic certainly June 7 seawater that would probably you may think you -- I think it's not a not related to this Bob I'd give me July give me old -- not have much fun but when I must solve -- -- -- -- -- -- about that hypothetical way out. And -- July August it's going to be one -- -- than usual yes just because valuations are low and ending the strong. Well Bob we're gonna see a good summer we're gonna these guys turned into the end of the yet. Thank you very much gonna leave it that helped pass -- -- just about a week -- -- specialists say some Liverpool street station. I'm acting all think is what is.

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Market Pulse: Nothing to fear from Fed

Tuesday, June 18, 2013 - 04:02