I am not that good – but the press sure is – the Wall Street Journal discovers a Bull Market a year later, and then:
“April 5 (Bloomberg) — China raised interest rates for the fourth time since the end of the global financial crisis to restrain inflation and limit the risk of asset bubbles in the fastest-growing major economy.”
Watch as those subprime bonds (see yesterday’s blog) get ugly and fallout from Japan gets felt by some industries. More about opportunities due to the tsunami/quake tomorrow.
Invest to live, live to ride.
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About Mal Spooner
Malvin Spooner is a veteran money manager, former CEO of award-winning investment fund management boutique he founded. He recently authored A Maverick Investor's Guidebook which blends his experience touring across the heartland in the United States with valuable investing tips and stories. He has been quoted and published for many years in business journals, newspapers and has been featured on many television programs over his career. An avid motorcycle enthusiast, and known across Canada as a part-time musician performing rock ‘n’ roll for charity, Mal is known for his candour and non-traditional (‘maverick’) thinking when discussing financial markets. His previous book published by Insomniac Press — Resources Rock: How to Invest in the Next Global Boom in Natural Resources which he authored with Pamela Clark — predicted the resources boom back in early 2004.
Mal..Nice ride and great comments. I have been in the financial services industry for 25+ years. It is a refreshing to have some “real” commentary to assess and give to my clients vs those issued by the analysts who simply re-do math, and recycle opinions. Look forward to more. Keep ridin’