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
-
Government Bonds Price Yield ...
-
Government Bonds Price Change Yield U.S. 3 Month...
-
Japan's biggest warship was unveiled on Tuesday, raising grave concerns about the country's military buildup as observers said the...
-
People in Japan are so averse to romantic relationships that the country's media even has a name for it: sekkusu shinai shokogun, or ...
-
China and Turkmenistan pledged Tuesday to promote bilateral energy cooperation and push forward their natural gas pipeline project. The...
-
Barrick poised to sell more gold mines as it whittles down debt - BNN News When high leverage and a falling price of a commodity, mak...
-
China's home prices continued a downward trend in more cities in June, pointing to a sluggish property market that is complicating the...
-
"Why has quantitative easing coexisted with price stability in the United States? Or, as I often hear, “Why has the Federal Reserve’s ...
-
Each year at the Boao forum experts from around the world debate hot issues in the business community. This year’s forum, the spotlight fal...
-
Asian shares enjoyed a reprieve on Thursday as diplomatic efforts moderated the crisis over Ukraine, while the euro came under pressure as...