Clem Chambers – Market driven by carry trade/QE- ADVFN
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Clem Chambers, Founder and CEO at ADVFN explains how carry trade has fueled and would continue to support the equity market rally across the globe. Chambers says the post GFC reallocation of funds is still underway and the QE led carry trade is helping the housing/property prices as well. He cautions viewers about fighting the central banks or government authorities. Lot of scaremongering about the property market crash has hit the wires since Brexit, however, Chambers squashes possibility of such a event by stating government officials across the globe put their money into property markets and thus would be forced to intervene in case things get ugly.