mutual fund investment strategy


Liquidity is a powerful force that drives stock markets higher but doesn’t guarantee the upward trend over the long term. It is very difficult to even predict the timing of the reversal of liquidity. Should an investor thus take liquidity for granted knowing very well that the reversal of the trend is very difficult to predict? The abundant liquidity channelized by QE (quantitative easing) by major central banks around the world since 2008 crisis has…