Broad Directionality In Markets; Daniel Mudd

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.