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AAAU - De Marsac: Central Banks May Soon Deflate The Bubbles They've Created
Goldman Sachs Physical Gold ETF
We need to pay attention to various signals of excess leverage, excess liquidity, absence of notion of risk, and greed, Etienne de Marsac, Head of Absolute Return at Sunny Asset Management, told Real Vision's The Interview.
de Marsac said that, while the central banks have been extremely successful at addressing liquidity and solvency issues, he feels that we may be slowly but surely approaching the end of the bubbles it has created.
He argued that these bubbles will deflate - either naturally, when people come back to reason - or because the regulator or the