Jim Rickards on Europe and the US economy
Erin sits down with Jim Rickards – author of “The Death of Money” and chief global strategist at West Shore Funds – to discuss the US and Europe. In October, data coming out of the US demonstrated lower mortgage yields and a surge in refis added to 4-year lows in gas prices to give consumers more disposable income. Jim tells us what he thinks of the new data and also gives us his thoughts on divisions at the ECB. He also projects how far Chinese growth will have to fall in order to make a successful rebalancing a possibility and gives us his prediction on what will happen if oil prices continue to stay weak.
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not quite certain things will work as richard hopes but confusing is indeed here, gurus unfortunately are out however intuition perception intelligence good sense of timing is crucial, and is just a transition many will loose and some will win.
ReplyDeletei mean dark ages on the economical realm, confusion, not because of understanding but the speed of how things change
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