CLSA’s Napier Sees U.S. Credit Rebound Before Capital Controls

Scalpuman at 13h36
22
Sep
2009
CLSA’s Napier Sees U.S. Credit Rebound Before Capital Controls

By Patrick Rial
Sept. 21 (Bloomberg) -- Credit growth will resume in the U.S. driven by companies funding buyouts, while the eventual collapse of the U.S. dollar will result in government capital restrictions, according to CLSA Ltd.’s Russell Napier.
“The surprise for America is that there is going to be a credit cycle in America, banks are going to start lending money,” leading to a continued rally

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22/09/2009 at 13h36 by "Scalpuman"