Broad Directionality In Markets; Daniel Mudd
By Benzinga Staff
March 15, 2010 3:44 PM
March 15, 2010 3:44 PM
Daniel Mudd, CEO of Fortress Investment Group LLC (NYSE: FIG), believes that the there is a broad directionality in markets right now. Mudd gave his views on the markets in an interview with the Financial Times.
Mudd, who is the former CEO of Fannie Mae (NYSE: FNM), also believes that the volatility is getting better in the markets now. According to Mudd, governments have shown their hand from a fiscal and monetary policy. He said that the governments will do all it can to provide support and foundation for a recovering economy.
Mudd also believes that liquidity has returned to the markets again.
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