|
Posted: 23 Jun 2013 10:13 PM PDT
“Well, right now equities, bonds and gold are very oversold. They can easily rally on the S&P. We could rally 43, 50 points, but I don’t expect a new high. Just in case a new high would be achieved in the next two months or so, it would not be confirmed by the majority of shares. In other words, very few stocks would lead the advance. In terms of bonds, they are also incredibly oversold. Where the sentiment about equities is actually still rather positive and all of these super bulls still predicting the market to continue to rise into 2014, 2015. In bonds and gold, sentiment is by historical standards incredibly negative. As a contrarian, I would rather buy bonds and gold than equities.”
|
Give a more longer term perspective of Economic trends and the Macroeconomic and Monetary Interdependence of the Global Economy. With the Background of this approach the blog will deal with the implications for Investment decisions. The author believes that China and the Asia Pacific Region are and will be the powerhouse for the global economic growth for years to come. It will also cover IT because of its momentum driver for economic growth.
Monday, 24 June 2013
Marc Faber's thoughts
Popular Posts
-
"A la veille de la présentation en conseil des ministres du projet de loi de finances (PLF) pour 2014, qui fait grincer les dents ...
-
Dans son point de conjoncture publié jeudi 3 octobre, l'Insee souligne qu' "en France, l'éclaircie du deuxième trimestre ...
-
Europe has unveiled a blueprint to isolate high-risk trading at big banks in a bid to challenge their dominance, provoking a hostile respo...
-
Evernote’s ongoing plan to improve its technology platform is taking another step forward today with the release of updated apps for iPhon...
-
Source: TechCrunch A new Kickstarter project aims to make your GoPro filmography easier to handle, with a case designed to hold the Go...
-
Depuis deux semaines, la plus puissante démocratie du monde tient la planète en haleine, parce qu'un groupe d'élus ultraconserva...
-
Twenty-four cities from eight countries along the Silk Road have agreed on common efforts to establish a "Silk Road economic belt....
-
Nursing homes which bear more resemblance to kindergartens than traditional elder care facilities, have been sprouting up in China's u...
-
La petrolera argentina Pluspetrol podría iniciar en tres meses su plan de expansión en el bloque más grande de gas natural de Perú, luego ...