Currencies

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Thumbnail image for Jim Rickards Comments on the Ongoing Currency Battles

Jim Rickards, senior manager director at Tangent Capital and author of Currency Wars: The Making of the Next Global Crisis, was posed the question by CNBC’s Hong Kong based host Bernie Lo, “are we on the brink of an all out currency war?” Rickards responded this has been going on ...

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Publisher of the Gloom Boom and Doom Report, Marc Faber, was interviewed by CNBC’s Becky Quick this morning and provided his outlook for 2013 regarding the markets. Faber indicated he would be wary of things which have performed well since the bottom in 2009. Stock markets in Malaysia, Indonesia, the ...

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Thumbnail image for Sorkin’s Series of Interviews with Ray Dalio

CNBC’s Andrew Ross Sorkin interviewed successful hedge fund manager Ray Dalio of Bridgewater Associates in a series that aired today. Dalio discusses QE3 which he considers a good plan and not radically different from easing interest rates. He also comments on the U. S. dollar which he sees losing short-term ...

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Thumbnail image for Gary Shilling on the Three Reasons Corporate Profits are Vulnerable

Hopes for a poor economy so the Fed will ease further are not the underpinnings for a strong market, according to Gary Shilling in an interview on Bloomberg TV. Shilling’s advice was for investors to be short stocks, long Treasuries, long the dollar, and short commodities. If he was to ...

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Thumbnail image for Harry Dent: Next Year Will Be Major Bad for Europe and China

Harry Dent was interviewed on Fox Business and provided his outlook for the global economy. Dent characterized the European plans to buy bonds as a “desperate move.” He said the European economy is the biggest question mark in the market today with Greece and Spain looking “more and more shaky.” ...

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Thumbnail image for Jeremy Siegel: Lower Euro is the Last Best Hope

Bloomberg’s Betty Liu interviewed professor of finance at the University of Pennsylvania’s Wharton School and financial author Jeremy Siegel regarding the European crisis which has been weighing on stocks. Siegel said one of the biggest problems in Europe has been a worry about the banks – the solvency of the banks ...

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Thumbnail image for ECB’s Mario Draghi Ends Stock Drought

After markets worldwide tumbled (especially Europe, down 6.4%) from July 20th through the 25th, the European Central Bank’s president Mario Draghi cried uncle with rhetoric aimed at stemming the decline; and it worked (at least temporarily). Yesterday stocks rallied on word from Draghi that the Euro would not be allowed ...

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Thumbnail image for Jeff deGraaf: Healthcare Stocks Rallying from Massive Base

The number one ranked technical analyst by Institutional Investor magazine for the last seven years running has been Jeff deGraaf of Renaissance Macro Research. He was on CNBC a couple of days ago speaking to Simon Hobbs about a sector that has been building “beautiful, massive bases” for years. The ...

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Asked for his positioning ahead of the Greek elections by CNBC’s Melissa Lee, Marc Faber, editor of the Gloom, Boom and Doom Report, said recent strength in the dollar caused the euro to be oversold. Faber also expected the Greeks to decide to stay in the Eurozone. He added that ...

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Fox Business News’ David Asman and Liz Claman interviewed Jim Rogers today regarding his expectations for the markets. Rogers said we have substantial tax increases in store next year. He also stated we’ve had recessions every 4-6 years since the beginning of the republic. He added that next year is ...

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