Saturday, October 31, 2009

Podcast #2 With The Optimistic Bear

I had another interesting discussion with Michael Surkan of The Optimistic Bear on Friday. Among issues touched upon were the last week's stock market performance in the face of primarily positive economic numbers; foreign currency issues and their effects on globalization; emerging markets and whether their outperformance is genuine; the positive nature of various malinvestment liquidations; nanotechnology; the effectiveness of fiscal and monetary stimulus and quite a bit more. Interested readers may wish to have a listen:


Thanks again to Michael for having me on the show.

Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

4 comments:

mannfm11 said...

China will bust worse than the US. It barely made the 50% level. Their debt is a phony and they are building huge amounts of unused capacity that is being decided by bureaucrats, namely different cities. Some cities are vacant.

Roger J said...

mannfm1, you seem to have very interesting views & insights on China along w/ Matt, Mish, & Mike Pettis. It's apparent from your posts on this blog & Mike Pettis's. Do you have your own blog or something? I'd really like to see them, I think you are paying very close attention to China.

Surkanstance said...

I whole heartedly agree with the poor near-term prognosis for China. The mal-investments that have occured there make the American property bubble look like child's play.

The vacant South China Mall, which is 2 times the size of mall of America speaks volumes about the problems with the Chinese economy.

http://video.iptv.org/video/1218530801

As Matt and I discussed in the podcast, China may well have a bright future in store but there is likely going to be a lot of pain along the way.

Matt Stiles said...

Roger,

mannfm11's blog can be found here:

http://mannfm11.blogspot.com

It's well worth reading.


View My Stats