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Goldman Sachs' Jim O'Neill Says Many Parts of the World Are Doing Very Well
Posted by: Canadian Value (IP Logged)
Date: April 11, 2013 04:58PM
O'Neill has just returned from trips to Africa and Latin America where he was struck by the fact that much of the world is actually doing very well right now.
The recent move by the Bank of Japan was huge in the eyes of O'Neill as it is the first time in his 32-year career that he can remember an aggressive policy surprise out of Japan.
He thinks that the scale of the BoJ move will completely change how Japanese investors allocate their capital.
Stocks Discussed: GS,