7.9 C
New York
Sunday, November 24, 2024

[Video] Ritholtz Still Bullish on Equities Due to Monetary Spigots on Full

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

Yahoo Tech Ticker has a quick interview with what I call “the godfather of financial blogging” Barry Ritholtz of The Big Picture.  This interview was prior to the economic data Friday, after which Barry downgraded his chances of a recession materially.   However, the economy is not the stock market and with every major central bank now on ‘ease’ mode, investors simply are clinging to the easy to embrace “monetary spigots on = risk on.”  (as an aside we should expect a new round of QE from the Bank of England Thursday).

All the free money the Fed and the European Central Bank are pumping into the system is flowing straight into asset prices. And for now, anyway, this ocean of cash is drowning concerns about fundamentals.

6 minute video – email readers will need to come to site to view

 

 

 


Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,467FansLike
396,312FollowersFollow
2,320SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x