If previous EU responses to the euro crisis are any guide, investors should not be expecting a highly-coordinated, shock-and-awe approach like those we have seen from the US authorities.
Investors facing a global economy that is moving back and forth between "risk on" and "risk off" should look to emerging markets and commodities, Nouriel Roubini, chairman of Roubini Global Economics, told CNBC Thursday.
Global inflation is far higher than official statistics reveal, Marc Faber, editor and publisher of the “Gloom, Boom and Doom” report told CNBC on Wednesday, with increases in the cost of living amounting to between five and eight percent in the United States and just below that in Europe.
A lack of action on the US fiscal position could lead to a "buyers strike," according to Bob Parker, a special advisor to Credit Suisse.