Dr. Doom: Buy stocks while you still can

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#1
http://money.cnn.com/2013/04/29/investin...l?iid=Lead

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Dr. Doom: Buy stocks while you still can
By Maureen Farrell @CNNMoneyInvest April 30, 2013: 7:13 AM ET


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LOS ANGELES (CNNMoney)
The famously gloomy economist Nouriel Roubini has finally fingered an investment he likes. But his advice carries an expiration date.
Roubini is predicting an uptick in stock prices over the next two years as the Federal Reserve continues its stimulus efforts. But buyer beware, Dr. Doom says, because a day of reckoning is lurking at the end of the two-year horizon.

Roubini, an economics professor at New York University best known for predicting the U.S. housing crisis, thinks the Federal Reserve and other central banks around the world can and will prop up stocks and bonds for the next two years.
Related: Fed will struggle to unwind its giant trade
The Fed, he said, is creating the same problems that led to the financial crisis in 2008 by keeping rates near zero. "They are creating massive fraud," Roubini said during a panel at the Milken Institute Global Conference in Los Angeles, Calif. Monday.
He pointed to the junk bond market as one example of a bubble.
"At some point, there's a levitational problem," said Roubini.
When gravity sets in, Roubini says there will not be a recession but a depression.
With slowing global growth, it's impossible to keep stocks and bonds at these valuations. "The global growth scare would imply that commodity prices should be lower, bond yields should be lower, and equities should be lower," he said.
Related: World's 5 hottest stock markets
Europe remains the biggest threat or so-called tail risk. Roubini said it has become clear that the recession has moved from what's considered peripheral Europe or Spain, Italy, Portugal, and Ireland and into the core Europe. Only Germany, he said, looks somewhat immune.
Investors might want to ride the bubble higher. "In the short-term, it's great for assets."
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#2
A storm is coming......
My Dividend Investing Blog
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#3
he sounds like thumb up for stocks market? huat ah?
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#4
when the bear is shouting bull, you know which stage we are in already ^^
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#5
Money is still the best instrument to unify human thinking, regardless of race, language or religion. Like it or not, the world experienced a prolonged period of peace because of money printing. Never has the world been so united - all focused in pursuit of monetary returns.

So, printing money is a proven way and will continue to be used by politicians globally until one day "sway sway" no choice but to press the reset button. Enjoy while we can!
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#6
WALL of Money. I stick by my mad prediction of 6000 on STI by 2016/17. We are in mid term bull like it or not but keep watching for those short and sharp corrections that will build complacency for the pen-ultimate bull phase where every uncle and aunty also go gaga over shares.

GG
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#7
So he a shortist shouting bull. So cunny ya. We need more auntie and uncle to join in this party.
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#8
(01-05-2013, 12:38 AM)felixleong Wrote: when the bear is shouting bull, you know which stage we are in already ^^

Agree. Another one trick pony.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
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#9
(01-05-2013, 06:43 AM)greengiraffe Wrote: WALL of Money. I stick by my mad prediction of 6000 on STI by 2016/17. We are in mid term bull like it or not but keep watching for those short and sharp corrections that will build complacency for the pen-ultimate bull phase where every uncle and aunty also go gaga over shares.

GG

Then crash in 2018?

Exactly 10 years from 2008 crisis......
My Dividend Investing Blog
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