Home » Most Recent Stories

BEAR VERSUS SUPER BEAR

11 May 2010 by Cullen Roche 2 Comments

This week’s edition of bear versus super bear brings two heavyweights together.  In the black corner is Marc Faber who says the market is still at risk of declines and that China is going to crash in the coming year:

Meanwhile, in the flaming red corner is Bob Janjuah of RBS.  Janjuah says the Euro is at risk of going to par with the dollar.  Little extrapolation is required from that statement.  The rising dollar and crashing Euro would be catastrophic for risk markets and is most likely to occur only in a very dire scenario:

Source: Bloomberg TV

Disclosures - Unless otherwise noted, authors have no positions in any securities mentioned and readers should never consider this to be investment advice. Always consult your financial advisor before acting on any ideas. Comments Guideline - Readers who denigrate authors or other readers will be banned without warning. This site does not tolerate any sort of reader abuse. The goal of this site is to create an environment that is conducive to learning and better understanding of the monetary system and the investment world. We expect readers to behave maturely and responsibly. We welcome and encourage intense and intelligent discourse, but the site adheres to a strict 1 strike policy. While it is your right to speak freely, it is not your right to behave childishly. Above all else, please enjoy the site. It is intended to be used as an educational tool and we hope the intelligent and mature debate will further that purpose. We hope readers will make an effort to respect that goal. Comments with excessive linking or foul language will be moderated before posting.
Comments
  • Diana

    Could someone explain why a rising dollar and crashing Euro would be catastrophic for risk markets?

    05/11/2010 at 5:31 PM