Nouriel Roubini, the renowned US economist has again asked to speak. He says that the recent rally was triggered only by speculators or so-called dumb. Wells Fargo understood the implications. The recovery will fade and the financial system will suffer new unexpected shocks. Roubini has grave doubts that the recovery of the US economy is yet to come in 2009. He sees also retest the March lows the markets, because the recovery of the past few weeks is due only to gamblers, who have put in a bear market intact on a technical counter-reaction. The U.S. economy will continue to shrink and in the next year, he sees no potential that the US economy will grow.
The unemployment rate will rise to 11% and corporate profits will tend to further decline. The banks have insufficient capital to compensate for their losses, because the losses are much higher than the forecasts predict. The Chinese economy will this year grow 5.5% and thus the forecasts by 8% clearly fail. A lasting recovery of the Chinese economy can not imagine Roubini that largely was achieved this growth only through the measures taken by the Government and has nothing to do with a sustainable expansion. Nouriel Roubini is one of the few experts who said the downturn of the global economy ahead, and his statements to be taken very seriously. Also I wrote you, I see no change in the trend, but that this recovery in a bear market is nothing out of the ordinary.
Nevertheless, it is not excluded that we again run 5,000 points after a correction in direction, before it again more corrected. Markus Frick Markus Frick became a self-taught one of the best-known and most successful stock market professionals in Germany. Creativity, discipline, hard work and a special flair for the challenges of the financial markets were the basis for this success. As a trading coach with strong team Markus Frick offers today along with books, seminars and DVDs for beginners to advanced investors a portfolio unique in the industry. Using state of the art information technology Frick offers its customers instructions, tips, and strategies as a 24-hour service: daily exchange letters, e-mail and video-hotlines, latest updates, SMS information, individual support by telephone and email, seminars and conferences the company accompanied by investors professionally on the parquet. Also read: note you the plant tip of markus Minoo online-artikel.de/article/markus-frick-etfs-auf-steigenden-und-fallenden-dax place 1-for the markus Minoo tv-show on video-podcast for iphone and ipod markus Minoo scarce 1000-participants on the – anniversary seminar.