Juggling Dynamite

Nouriel Roubini, co-founder of Roubini Global Economics LLC, talks about the European sovereign-debt crisis, the outlook for central bank monetary policy and risks of an asset “bubble.” He speaks from the sidelines of the Ambrosetti workshop in Cernobbio, Italy. Since staying too bearish on financial markets off the bottom in 2009, Roubini has learned to be more vaguely bullish when asked about near term market prospects. His true strength though is not his market timing which the hosts always ask him for (“how should we play this asset bubble until it blows up?” is the typical query). As an economist, Roubini’s expertise and value comes from his in depth knowledge of the European economy and political landscape. Here is a direct link.

As alluded to in Mr. Achuthan’s comments on Bloomberg this morning (before Tom Keene did his characteristic cut off of guests saying things he does not like. Honestly SNL has to do a comedy skit on Keene and his antics), commodity companies have not enjoyed the QEternity bid, and since 2011 have continued to confirm the post-credit bubble, weakening global economy story.

Source: Cory Venable, CMT, Venable Park Investment Counsel, Inc.

Short seller James Chanos, Kynikos Associates, shares his outlook on China, and discusses his short position on Chinese construction, Australia and other commodity centric companies and countries.
Here is a direct link.

Here is a direct link.