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When everyone thinks alike, no one is thinking clearly.

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Marc Faber

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Every central banker in the world pays attention to credit growth, but not in the U.S.

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My view is that the U.S. market will eventually join the emerging markets on the downside because if you take a bearish view about emerging economies, you cannot be too optimistic about the U.S. because for many U.S. corporations, 50 percent or more of their profits come from emerging economies.

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May 14, 2024

My view is that the U.S. market will eventually join the emerging markets on the downside because if you take a bearish view about emerging economies, you cannot be too optimistic about the U.S. because for many U.S. corporations, 50 percent or more of their profits come from emerging economies.

Previous

May 14, 2024

Every central banker in the world pays attention to credit growth, but not in the U.S.

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