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CanadianValue
CanadianValue
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John Mauldin of Millennium Wave Has Identified the Macro 'Trade of His Lifetime'

January 03, 2013 | About:

King World News interviewed John Mauldin who is a leading observer of the financial markets and author. He has some interesting observations:

- Mauldin thinks Japan is a bug in search of a windshield and thinks 2013 is the year the bug finds the windshield.

- Believes Japan has kicked the can as far down the road as possible.

- New Japanese leader wants to take the limits off the amount of debt the country has and Mauldin believes this needs to be taken seriously.

- Mauldin thinks the yen is going to make a big reverse over the next decade, and he thinks that is a trade to start putting on.

- He thinks the yen weakening will be one of the great macro trades of his lifetime.

- Japan can’t allow interest rates to rise, so they have to weaken the currency.

- Thinks France is also going to be facing its own Armageddon, as it has been doing everything it possibly can in the wrong direction.

- Relative to France, Mauldin thinks Italy is a beacon of austerity.

- Investors just don’t get how bad a situation France has created for itself.

Listen to the audio here.

About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 2.8/5 (5 votes)

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