As the S&P continues to hover at record high levels, the question remains as to how long it can continue. In a recent article for Forbes, Jurrien Timmer, Director of Global Macro at Fidelity Investments, outlines what he sees as five potential market scenarios down the road: Secular stagnation: The status quo—”a continuation of the slow-growth, low-inflation regime that has been in place since the global financial crisis ended.” Deglobalization: Post-Brexit, Timmer sees potential for a scenario of “diminished interdependence and integration between the economies of nations.” That is, a reversal of what has emerged over the past few decades […]
Deflationary pressures have been at work in the US for some time now, part of why the Federal Reserve has kept interest rates so low. And Templeton Asset Management’s Mark Mobius says the Internet is to blame.
Top strategist Kenneth Fisher says that he is keen on European stocks because of “false fears” in the region, while he is down on Japanese stocks because of “false hopes” there.
Kenneth Fisher says to ignore those who are saying we are headed for a stock-crushing deflationary environment.
While gold has tumbled in the past couple days, Marc Faber of the Gloom Boom & Doom Report says he thinks “the bull market in gold is not completed,” and that a major low will occur for gold in the next couple weeks. Faber tells Bloomberg that he thinks gold fundamentals are still intact, and that the recent breakdown “will offer an excellent buying opportunity”. He says traders would be wise to buy gold now because it is oversold, but that long-term investors should wait a bit longer to see if prices fall more after a bounce-back. Faber also says that […]