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John Burbank of Passport Management Shares His Investment Outlook for 2013

January 23, 2013 | About:
Dheeraj Grover

Dheeraj Grover

18 followers
Well-known investor and hedge fund manager John Burbank was on Bloomberg to discuss his views on the stock market for 2013. He thinks the central bank should keep buying, and that will propel equities in 2013.

-- He thinks equity will be a good place to invest in 2013 as long as central bank buying continues, which is likely.

-- Credit spreads have tightened so much that equities are looking attractive all the way.

-- Problem with equities is that growth may slow.

-- Risks ahead of debt ceiling debate and there will be a pullback.

-- But if central bank keeps buying, equities should have a good year.

Credit and source: www.bloomberg.com, Bloomberg

Here is the video:



About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 3.4/5 (5 votes)

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