Sunday, July 03, 2016

Peter Boockvar On Brexit
Brexit is exposing a lot of fault lines in the European Union with bureaucracy & the push back against the ruling class .. "The global growth story remains very challenged, asset prices remain very expensive, and central bankers have lost credibility. Those are the risks that people should be mostly focussed on right now." .. on commodities: "I think the whole commodity space has bottomed out. I think investors need to look where it is most painful to look. That remains emerging markets that have already gone through a five year bear market and have much better valuations than the rest of the world." .. 15 minutes

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