Felix Zulauf on FT.com: First Leg of Recovery is Over, Europe “Looks Dangerous”

Felix Zulauf on FT.com: First Leg of Recovery is Over, Europe “Looks Dangerous”

May 23, 2011
in Felix Zulauf
Brett
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Here’s a great interview with Felix Zulauf on FT.com, where he shares his outlook for the second half of 2011.

My quick notes:

Chinese economic growth will slow, because inflation is becoming a problem that must be curbed
Thinks the dollar could rally significantly, as its been beaten down so much
Believes commodity sector could get hurt in the short term as China and emerging markets slow
If he had to be in stocks, he’d be as defensive as possible
Bonds look awful in the medium to long term, because Bernanke is doing the opposite of what Paul Volcker did

Watch the full interview with Felix Zulauf on FT.com.

Hat tip JL for the rec!

Related reading: Felix Zulauf on the Unstable World Monetary Situation and “QE Infinity”