Technician Charles Nenner on Bond Funds: Get Out Now While You Can
Also, Ryan Puplava with the Market Wrap-up, Erik Townsend on Commodities, and Rob Bernard on Fixed Income
Jim welcomes back noted technician Charles Nenner this week. Charles sees a new stock market high into late April or early May. He also sees the economy picking up until the end of the year, but risk is also rising as well. Charles sees late April as a high risk period for the markets in terms of a correction. He is also very bearish on bond funds, and urges investors to get out of them as soon as possible. Charles is also out of gold in the short term, as he sees a rally in the US dollar ahead. Also in this segment, Ryan Puplava wraps up this week in the markets, Erik Townsend covers commodities, and Rob Bernard has the Fixed Income Report.
Jim Puplava’s Big Picture: Dying of Money- This Time It’s Global
Good inflation vs. Bad Inflation
In this week’s first Big Picture topic, Jim discusses the implications from the book “Dying of Money: Lessons of the Great German and American Inflations” by Gens O. Parsson. Jim looks at the lessons from prior inflationary episodes in Germany and America, and sees similarities to today, only now it’s on a global basis. Jim also answers your Q-Calls in this segment.
Jim Puplava’s Big Picture: The Confidence Game- How Central Banks Manage the Economy and Inflationary Expectations
Also, “Security Analysis by Benjamin Graham- That Was Then, This Is Now”
Jim discusses two more Big Picture topics in this segment. In the first, “The Confidence Game”, Jim looks at the way central banks manage economies and control expectations of inflation. The next topic, “Security Analysis by Benjamin Graham- That was then, this is now”, refers to Benjamin Graham’s famous book “Security Analysis” written in 1934 with David Dodd. Graham talks about building a “margin of safety” when buying stocks. Jim looks at the similarities and differences from the 1930’s to the realities of today, and sees that a big cushion of safety is still very important.