Post Profile
Emerging-market stocks have more upside, but in need of correction
I am of the opinion that the rally in emerging-market equities is likely to continue over the next few months. That said, the market has had a huge run and, being overbought, it is in desperate need of consolidation or even a major correction. I continue to favor the Chinese stock market above other emerging markets and developed markets. [...]
read more
Gold steadies near $1,390/oz
Gold steadied as stock markets stabilised, arresting the metal's rally. ||| London - Gold steadied on Friday as stock markets stabilised, arresting the metal's rally, though comments from a Federal Reserve official that dampened tal... Read Post
CHART OF THE DAY: If We Want Stocks To Keep Surging, Government Bond Yields Need To Rise
Stocks have staged a remarkable rally with no major corrections. In a new research note to clients, Citi global equity strategist Robert Buckland discusses what happens after 20 percent rallies in the stock markets. Specifically, he... Read Post
MARC FABER: Markets Are Overbought And A Correction Is Coming
Marc Faber, the publisher of the Gloom, Boom & Doom Report, is typically optimistic on equities as an asset class. However, Faber told CNBC that he expects a correction in global stocks in the near term: “Markets are overbought, tec... Read Post