Bill Gross: Invest in Less Leveraged Asia, Avoid the Deleveraging Consumer
January 31st, 2010 at 2:08 am by CB | No CommentsBill Gross of PIMCO recently released his February 2010 Outlook. The following are some of his thoughts regarding the current financial and economic situation: (1) Despite the fact that some corporations are willing to start increasing investments and risk due to (a) steep yield curves and (b) repaired... [Read more]
Tagged with: Bill Gross, Canada, Carmen Reinhart, Consumer Debt, Credit Cards, Debt & Deleveraging, Debt as a Percentage of GDP, Deleveraging, GDP, GDP Growth, Germany, Household Debt, Kenneth Rogoff, Mortgages, PIMCO, This Time is Different, Unemployment
George Soros: U.S. Dollar Attractive, China Overheating
January 30th, 2010 at 5:41 am by CB | No CommentsGeorge Soros, co-founder of the famed Quantum Fund, expressed the following thoughts to Bloomberg, while at Davos: (1) The U.S. dollar is a weak currency, but looks attractive relative to the other currencies. The euro and the sterling have their own problems. Some other attractive currencies are... [Read more]
Tagged with: Bubble, China, China Overheating, George Soros, Krone, Obama-Volcker, Real, Renminbi, U.S. Dollar
Chanos: China’s Fixed Asset Investment Unprecendented
January 26th, 2010 at 10:58 am by CB | No CommentsToday James Chanos, the famous short seller and hedge fund manager, appeared on CNBC and made the following points: (1) The Obama proposals are aimed at the banks and the hedge fund actions within those banks, not independent hedge funds. Chanos believes Obama’s proposal to be a set in the right... [Read more]
Tagged with: China Bubble, China GDP, China Property Bubble, Commodity Producers, Fixed Asset Investment, James Chanos, Property Bubble
Warren Buffett: Strict on Bank CEOs & Does not Approve of Kraft-Cadbury
January 24th, 2010 at 12:10 am by CB | No CommentsOn Thursday, Warren Buffett appeared on Fox Business News to discuss several topics. (1) The first topic discussed was regarding President Obama’s new legislation to prevent banks from becoming “too big to fail.” Buffett did not say much about the legislation since he had not taken... [Read more]
Tagged with: AIG, Bank of America, Cadbury, Charles Prince, Citigroup, Fannie Mae, Freddie Mac, Glass Stegall Act, Goldman Sachs, Kraft, President Obama, Warren Buffett
Jim Rogers: Agriculture, Silver, Palladium, Cotton, Coffee & other Commodities
January 18th, 2010 at 7:43 pm by CB | No CommentsJim Rogers (who has been covered by CB in a post on 12/11/09) made another appearance on CNBC last Friday and had the following to say: (1) Rogers owns oil, but would not buy or sell it at this time. In the long run, he believes that the price of oil will continue to increase due to the declining... [Read more]
Tagged with: Agriculture, Coffee, Commodities, Cotton, Food Inventories, Jim Rogers, Oil, Palladium, Silver
Bill Miller: GDP Growth of 3.5% to 4.5%, Bullish on IBM, Bank of America & Regional Banks
January 13th, 2010 at 9:58 am by CB | No CommentsToday, Bill Miller, a famed investor and the chairman of Legg Mason Capital Management, briefly discussed his market views on CNBC. Some of his views were briefly discussed in the Daily DL for 1-6-10. The following are the more important points from his discussion: (1) Miller believes that there... [Read more]
Tagged with: Bank of America, Bill Miller, Bonds, Depression, GDP, GDP Growth, GE, IBM, J.P. Morgan, Regional Banks
Leon Cooperman: S&P 1200, Bullish on Energy, Healthcare & Financials
January 11th, 2010 at 7:19 pm by CB | No CommentsToday, Leon Cooperman, another famed investor and chief executive officer of Omega Advisors, briefly discussed his market views on CNBC. The following are the more important points from his discussion: (1) Cooperman is “moderately optimistic” with regards to the market and believes that... [Read more]
Tagged with: Consumer Discretionary, Cooperman, Energy, Fed, Federal Reserve, High Yield, High Yield Bond, Leon Cooperman, Omega Adivsors, Treasury Bonds, Utilities
Bill Fleckenstein: Currency Crisis in 2010 & More
December 21st, 2009 at 12:40 am by CB | No CommentsKing World News did an interview with Bill Fleckenstein, which can be heard here. The following are some of the key points Fleckenstein made during the interview: (1) Fleckenstein believes it is hard to imagine how enormous problems can continue to build over time and become more accepted as the norm... [Read more]
Tagged with: 2010 Forecast, Alan Greenspan, Ben Bernanke, Bill Fleckenstein, Currency, Currency Crisis, Gold, Jim Rogers
James Chanos: Short Auto OEMs and China Dependent Commodity Producers
December 15th, 2009 at 9:13 pm by CB | No CommentsToday James Chanos, the famous short seller and hedge fund manager, appeared on CNBC’s Fast Money Halftime Report and made the following points: (1) Despite repaying government funds, Chanos believes that Wells Fargo still has some difficult loan issues to face in the near future. In general,... [Read more]
Tagged with: Automotive Industry, China Bubble, China GDP, Commodity Producers, Fiat, Ford, James Chanos, Wells Fargo
Jim Rogers Bearish on Most Economies, but Bullish on Commodities
December 11th, 2009 at 12:49 am by CB | No CommentsOn Thursday, famed investor Jim Rogers appeared on CNBC with Maria Bartiromo with some very bearish views on the economy. The following is a summary of some of his thoughts: (1) Rogers believes that there is a good probability that the U.S. dollar will rally in the near term due to the current extreme... [Read more]
Tagged with: CNBC, Currency, Currency Crisis, Fed, Jim Rogers, Maria Bartiromo, Obama, U.S. Debt, U.S. Dollar
