Post Tagged with: "market wizards"
Industrial & Commercial Bank of China
The Vancouver Sun is on a roll today. They have another post on ICBC that makes for interesting reading. Frankly, I don’t know what to make of it. But it makes for a good read. Chinese bank has market cap twice that of JPMorgan First, the article starts off stating that the head of ICBC
Barron’s: an interview with Peter Schiff
Peter Schiff, the investor and author, is a controversial figure. He tells of an America that has lost its way through shedding manufacturing and its habit of saving money. His conclusion is that the U.S. is not a place where he wants his clients to be invested and he has many places to allocate their
Nouriel Roubini: we are in recession
“Bloomberg on the Economy” recently spoke to Nouriel Roubini, the oft-quoted NYU finance professor. He believes the U.S. is now in recession and that a global slowdown is in the offing. There are several other countries in recession or poised for recession. I suggest you listen to the podcast or read the transcript in full.
Bernanke is responsible for the market meltdown
The Fed has lost all credibility in the markets. On Wednesday, Ben Bernanke was unable to put his money where his mouth is. Earlier, he jawboned on inflation, trying to match the BoE and the ECB in rhetoric, but his actions speak louder than words. He did not raise rates as I predicted. On Thursday,
Marc Faber: Investment strategies for June 2008
I have uploaded the associated PDF for this teleconference. Click here for PDF. U.S. Global Investors Exclusive Webcast: Where is the Boom and the Doom? SAN ANTONIO–(BUSINESS WIRE)–U.S. Global Investors (NASDAQ:GROW), a boutique investment adviser specializing in natural resources and emerging markets, will host a webcast titled, “Where is the Boom and the Doom?” on
Marc Faber says avoid financials and buy gold
In an interview with CNBC India, international investor Marc Faber says that gold is his commodity of choice right now. Marc Faber sees demand for commodities to come off in second half of 2008 in India and China. He will rather buy gold at current levels rather than other commodities and sees lot of money
Buffett: we’re in recession and it’s getting worse
This comes from the AP via the Globe & Mail. U.S. is in recession, and getting worse: Buffett Also, note that Buffett in this blurb suggests he buys into the peak oil supply and demand argument for oil prices. Related articlesPerceptions of supply shortfall keep oil prices high, MarketWatch, 25 Jun 2008Buffett concerned about U.S.
Japanese stocks, Asian real estate and commodities
These are the picks of the day according to an article about what international investor Marc Faber is looking at. Despite the article’s bullish call on commodities, I know that Faber is on the record as saying that oil is due for a correction soon. And in Barron’s he mentioned that steel demand could slow
Marc Faber on CNBC: bearish on oil and India
Transcript of the interview with CNBC India here. He’s bearish on oil short-term. He’s bearish on financials and sees bankruptcies in the offng soon. This is a view I share. Bearish on India as well. I’ll be looking to update via the original video, if possible
Marc Faber: Obama’s not going to be good for the market
I was reading Barron’s 2008 Midyear 2008 Roundtable just yesterday when a comment by Marc Faber struck me. He said that Obama is “not going to be good for the market.” He expects Barack Obama to win in November and for the investment markets to suffer as a result. Although I support Obama, I have
Why Real Estate Market Is Nowhere Near a Bottom: Caroline Baum
This comes from Bloomberg News via one of their top finance commentators, Caroline Baum. Why Real Estate Market Is Nowhere Near a Bottom: Caroline Baum Commentary by Caroline Baum June 18 (Bloomberg) — Every time a housing statistic emits a faint heartbeat — last week’s 6.3 percent increase in the April pending home sales index,
Jeremy Grantham: the bear growls
Jeremy Grantham, a hedge fund manager based in the Boston area, is one of the more respected money managers who has had a cautious view on equities during this past economic cycle. The Canadian daily Globe & Mail has a good interview with him. Text is below. Renowned value investor Jeremy Grantham knows an investment