Felix Zulauf interview: storm clouds ahead
FT.com , who sees storm clouds ahead for world markets.
Always worthwhile to hear Zulauf’s views on the economy and investment markets. He feels we are entering a rough period ahead for emerging markets as they work to tighten inflation. He also anticipates a double dip in Europe, as well as a “tremendous slowing” in China.
Felix also makes some interesting forecasts on the US dollar, bonds, commodities, and the shape of quantitative easing (QE) to come, which he believes will be global in nature.
Great response from Zulauf when asked about recent boom conditions in Germany: “I like to look forward not backwards”. An excellent reminder that markets are forward looking in nature and “always run ahead of the fundamentals”.