Bob Doll, Chief Equity Strategist at BlackRock, one of the world’s largest asset managers, is striking a very bullish tone in his latest strategy note. Doll’s who often appears in CNBC India, says the recovery is the real deal and that you better jump on board the risk asset train before you get left behind.
Econbrowser's James Hamilton has highlighted a new forecasting gauge, developed by two private-sector and three academic economists and detailed in a 55-page report, "Financial Conditions Indexes: A Fresh Look after the Financial Crisis," which uses changes in 44 financial indicators to try and predict what will happen to the economy. Interestingly enough, the FCI seems to be anticipating a turn of events.
George Soros says that gold will keep shooting up and will reach bubble proportions. It is also John Paulson’s biggest bet? It is a consensus that gold will rally. But why is gold price going nowhere? Simple: supply and demand