Excellent interview here with Jeff Saut of Raymond James. Saut thinks we’ve put in a near-term bottom in the equity markets, but that there are many longer-term warning signals. Although he’s not in the double dip camp Saut does believe policy errors could cause a recession in 2011. Saut also believes the gold bull market is still in its early stages and that the precious metal will trade “substantially” higher. Great macro comments here:
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.