by Barron Maestro on May 15, 2012
Market technician Charles Nenner of the Charles Nenner Research Center in Amsterdam was recently interviewed by Jim Puplava. Nenner said his downside target for the S&P 500 was 1325. If it breaks that level he said we would be in for a longer period of correction, but he thought it would hold with the market remaining in a trading range.
Nenner also said if the NASDAQ 100 doesn’t break 2600 he believes the the major market indices will reach new highs. However, over the longer term Nenner predicts the stock market will break down to much lower ground.
Nenner also commented on the gold and silver markets with some disturbing predictions for the metals bulls.
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by Barron Maestro on March 12, 2012
Maria Bartiromo interviewed Nouriel Roubini, chairman of Roubini Global Economics, to get his views on Greece’s official default and global economic trends.
Roubini said it was obvious they (Greece) were going to use the collective action clause to cram down the holdouts. Based on the definition of what triggers the CDS, it was a credit event. The amount of outstanding net CDS is only 3 billion euros. He doesn’t think there will be any systemic worry coming from that, “people are going to be able to pay,” Roubini added.
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by Barron Maestro on December 7, 2011
Maria Bartiromo interviewed Jim Rogers on the floor of the NYSE yesterday. Bartiromo said Rogers was forecasting a possible depression in 2013.
Rogers said “in 2002 we had a problem and in 2008 we had another problem when the debt was higher.” In 2013 the problem is going to be worse still because “the debt is going through the roof,” according to Rogers.
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by Barron Maestro on September 5, 2011
Jeremy Siegel, Wharton finance professor, was on Yahoo’s Daily Ticker and claimed that, relative to interest rates, stocks were a bargain today.
Siegel was asked by host Aaron Task to comment on Robert Shiller’s Cyclically Adjusted PE Ratio (CAPE), which indicates that equities are far from cheap.
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by Barron Maestro on August 21, 2011
A chastened Jim Paulsen, chief investment strategist, Wells Capital Management, advised investors to stay diversified and indicated traders could benefit by making small moves in the current volatile environment. He would sell safe haven assets as he expects the economy to continue growing.
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by Barron Maestro on August 12, 2011
Franklin Templeton’s Mark Mobius was interviewed regarding his views on the current investment landscape by CNBC and Reuters Insider. Mobius felt there wouldn’t be a double-dip recession because of his interpretation of what Ben Bernanke recently said.
Regarding a QE3 program, Mobius is confident it will be implemented by the Fed soon. It won’t be called QE3, but “that’s the reality,” according to Mobius.
Mobius said we are definitely going to see growth in the U. S. and other parts of the world and we’ll see a surge in the Purchasing Managers Index (PMI) as a result of recent easing.
Mobius made some interesting comments regarding emerging markets in both interviews.
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