Market Review and Trends
Dr Doom Nouriel Roubini is bullish!
By Investment Moats  •  February 8, 2012
This could be the ultimate contrarian indicator but when one of the most depressing market watch says this bull has a few months of legs to run, do you listen? From CNBC.com:
“We’re a believer; we’re celebrating. We think the rally has legs,” explains Gina Sanchez, Roubini’s director of equity and allocation strategy. (She is also a CNBC contributor.) She tells us that Roubini’s firm currently recommends being overweight equities, playing cyclical areas of the market such as technology.  “Also we’d take some tilts into staples and telecom to collect yield. And we’d also be overweight ag and livestock. Generally we’d take advantage of the risk rally.” She topped off the forecast by adding that investors have months to make money.
Roubini reportedly believes the recent action by the Fed and ECB will continue to make equities an attractive investment over the next few months. ......
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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