Comments on: LEUTHOLD TURNS MORE CAUTIOUS http://pragcap.com/leuthold-turns-more-cautious Sun, 12 Feb 2012 06:49:06 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: N http://pragcap.com/leuthold-turns-more-cautious/comment-page-1#comment-10255 N Sat, 02 Jan 2010 00:50:46 +0000 http://pragcap.com/?p=14464#comment-10255 Leuthold turned bullish before the crash, the statement above is wrong Leuthold turned bullish before the crash, the statement above is wrong

]]> By: Willy2 http://pragcap.com/leuthold-turns-more-cautious/comment-page-1#comment-10123 Willy2 Thu, 24 Dec 2009 19:31:25 +0000 http://pragcap.com/?p=14464#comment-10123 Yes, Leuthold was right about the rally starting in march. Yes, we are still in a cyclical bull market but I think we are already near the very top of the market. I think the first signs of a reversal in the markets are already staring us in the face. i.e. the falling Eur/USD, AUD/USD and the rising USD/Yen. These are the first signs of the unwinding of the USD carry trade. And "Dubai" was the trigger for the markets to start turning. I also see a very distinct possibility of the both the 10- and the 30- yields going (sharply) higher and then everyone is in DEEP trouble. Yes, Leuthold was right about the rally starting in march.

Yes, we are still in a cyclical bull market but I think we are already near the very top of the market. I think the first signs of a reversal in the markets are already staring us in the face. i.e. the falling Eur/USD, AUD/USD and the rising USD/Yen. These are the first signs of the unwinding of the USD carry trade. And “Dubai” was the trigger for the markets to start turning.

I also see a very distinct possibility of the both the 10- and the 30- yields going (sharply) higher and then everyone is in DEEP trouble.

]]> By: Scott Berglund http://pragcap.com/leuthold-turns-more-cautious/comment-page-1#comment-10055 Scott Berglund Tue, 22 Dec 2009 01:54:19 +0000 http://pragcap.com/?p=14464#comment-10055 Steve Leuthold is one of the most highly respected analysts and fund managers in the business, and I agree with your comment that he turned bearish early in the downturn. I take exception, however, to your comment that he turned bullish near the bottom. By his own admission, his models turned bullish many months prior to the March, 2009 low, which was born out by the 41.31% peak to trough loss suffered by his flagship mutual fund, Leuthold Core Investment (LCORX). By comparison, Vanguard Balanced Index (VBINX) (60% US Stocks/40% US Bonds), a good proxy for a balanced portfolio, experienced a smaller decline of 35.97%. Despite this misstep, his long term track record is excellent, and I highly value his views on the economy and the markets. Steve Leuthold is one of the most highly respected analysts and fund managers in the business, and I agree with your comment that he turned bearish early in the downturn. I take exception, however, to your comment that he turned bullish near the bottom. By his own admission, his models turned bullish many months prior to the March, 2009 low, which was born out by the 41.31% peak to trough loss suffered by his flagship mutual fund, Leuthold Core Investment (LCORX). By comparison, Vanguard Balanced Index (VBINX) (60% US Stocks/40% US Bonds), a good proxy for a balanced portfolio, experienced a smaller decline of 35.97%. Despite this misstep, his long term track record is excellent, and I highly value his views on the economy and the markets.

]]> By: James http://pragcap.com/leuthold-turns-more-cautious/comment-page-1#comment-10032 James Mon, 21 Dec 2009 00:44:25 +0000 http://pragcap.com/?p=14464#comment-10032 A lot of people are getting ''more cautious''. One thing for sure is that it is getting a lot more challenging. A lot of people are getting ”more cautious”. One thing for sure is that it is getting a lot more challenging.

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