Search completed
Felix Zulauf – one-half of the nucleus of the Barron’s Roundtable – was tracked down for his mid-year take. He believes European markets are cheap – but not necessarily good buys… Adjusted for inflation, Italy trades at levels last seen in Mussolini’s era. Greece trades at 1.5 times the Shiller P/E ratio [the market’s current […]
David Rosenberg says his shift to perma-bull status may come as soon as November if broader despair continues and a few outstanding messes get cleaned up: For the record, I do see a light at the end of the dark tunnel. Don’t be surprised if I end up turning bullish ahead of the pack — though […]
No surprise here, Jim Rogers is not a big fan of Europe’s largest bailout to date. Today he was a guest on CNBC’s Fast Money – here are the links and videos themselves: On the Spain bailout: “The solution to too much debt is not more debt!” Also, he notes he’s not buying Chinese shares at […]
Here’s the latest on Jim Chanos’ favorite short sell ideas, courtesy of Chris Mayer, reporting on Chanos’ presentation from Grant’s Investment Conference. Pay attention here, as Chanos has been on the money of late with a very prescient call on Dell’s swoon. (See also: Jim Chanos Says Short Dell, China) Three Investment Ideas to Avoid…or […]
Legendary hedge fund manager Ray Dalio was recently interviewed by Barron’s – he shared his take on the US deleveraging process and Europe. In what might be a surprising reaction to those from the Austrian school of economics, Dalio said the US has done a “beautiful” job deleveraging. He defines beautiful deleveraging as one that […]
Here’s a three-fer from Greg Weldon, who’s on a roll these days sharing his negative outlook on Europe, Japan, and the rest of the developed world. First, here’s Weldon with Jim Puplava on the Financial Sense Newshour, where he says Europe has turned into a “forest fire” and Japan is the next major problem area. […]
Here’s some bonus Andy Kessler commentary, courtesy of a Moscow newspaper (the translation is actually alright). Regular readers probably remember our interviews with Kessler about the ideas expressed in his most recent books Grumby and Eat People (click the links to revisit). His Moscow talk is an update to Eat People, in which he outlines […]
Jim Rogers sat down with Newsmax for a short interview, in which he expressed his belief that the US economic situation is “very, very dire.” Kudos to Rogers for saying what few today seem to understand – that cutting spending and taxes would be good for the economy. The State itself is not a generator […]
Dr. Doom is circling! Marc Faber predicts a global recession in Q4 of this year or early 2013, putting this odds at a cool 100%. He thinks investors are missing the point with their fixation on Europe (he’s recently commented that Europe’s real problem is too much state involvement, which I agree with). Faber believes […]
Don Coxe got on the horn with Eric King at King World News yesterday to share his latest macro outlook. Coxe’s blend of historical and economic acumen, expressed in a thoughtful Canadian tongue, is always a treat. He’s a gold bull, and is especially keen on mining shares as a “20-year call option” on gold […]
Recent Comments