Audio – NYSE’s Thain warns liquidity boom’s days could be numbered

May 8, 2007

NYSE Euronext CEO John Thain warns that the ample supply of liquidity which is driving the private equity takeover boom won’t be there forever. “Things go in cycles…that’s probably not going to continue forever,” he told the Reuters Exchanges and Trading Summit when asked about the huge supply of┬ácapital at low interest rates and credit spreads. He also warned that he saw the greatest risk of a sudden threat to liquidity since the summer of 1997.

No comments so far

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see