John Burbank - Not Optimistic About Global Growth

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May 09, 2013
John Burbank shot to fame by being one of the prescient investors who profited from the collapse of the housing bubble.

Burbank thinks that equities are a better risk/reward proposition than bonds, but that not all equities are worth the risk.

He thinks that the trend towards defensive and dividend paying stocks is going to last for at least another three years. He believes that investors are focused on safety and that isn't going to change soon.

Burbank thinks investors should own primarily U.S. companies and high-quality ones at that.

He does not see much economic growth over the next several years.