Wednesday, Mar 25, 2009
Not as encouraging as the title suggests
FT Alphaville: Roubini sees ligjt at the end of the tunnel
Roubini thinks that the steps that have been taken thus far (and I know that many on hear abhor that any steps were taken at all) are not enough and unless US, Japan, China and EU pull together and take less reactive steps a full scale depression is on the cards.
Incidentally great speech from Daniel Hannan.
Posted by bellwether @ 12:19 PM (543 views) Add Comment
5 Comments
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1. penbat1 said...
Roubini and Hugh Hendry are both amongst the few commentators who predicted the crash. But unlike most commentators who predicted the crash (such as Ron Paul, Peter Schiff, Jim Rogers, Marc Faber), Roubini and Hendry deny that inflation will become a problem.
2. techieman said...
Off topic Bellwether - hope you managed to stay in your short Euro position (i.e. not get stopped). Proves what i said inasmuch as you need to be your own man on this stuff.
3. str 2007 said...
Interesting
Roubini says they all need to do more.
Everyone else today seems to be saying we've run out of cash and can't
Bellwether
May be worth you revisiting yesterdays thread (stagflationtastic posted by tyrellcorporation) as it carried on and there's some quite intersting stuff towards the end.
Techieman/Bellwether
Yesterday I stumbled across informedtrades.com after following a lead crunchy gave me.
There are a whole series of u-tube videos about charts and reading them etc.
Not that you need to see them techieman but wondered if you'd come across David Waring and his site before ?
http://www.informedtrades.com/trades.php if your interested anyone.
4. techieman said...
Str 2007 - nope not come across before but i will take a look - i try not to get influenced by anyone (so i dont ever look elsewhere), but I will start with the money management - always good to see if there is anything usefull (if only to re-cement good discipline) . Thanks STR...
5. bellwether said...
Yeah techieman stuck to guns on so turned out well. Also did well today shorting Sterling v Yen. Have to run but would be good to have a fuller chat soon.