If you can’t lose it, don’t invest it – CNBC Interview
Hedge fund are gearing themselves up, while retail investors stay on the sidelines. In their "protect your wealth" segment, CNBC Asia asks Axel who is right – here is the interview:
Axel
Axel Merk
Author of Sustainable Wealth – order now.
President and Chief Investment Officer, Merk Investments
Comments
One Response to “If you can’t lose it, don’t invest it – CNBC Interview”Speak Your Mind
The SustainableWealth.org Community is moderated; please read our Community Guidelines and Privacy Policy.
SustainableWealth.org does not disseminate information that could constitute a solicitation or an offer to buy or sell any security, nor provide investment advice. As such, SustainableWealth.org cannot authorize any comments that provide specific investment advice nor those that constitute a solicitation or an offer to buy or sell any security; regulations prevent us from authorizing a discussion of Merk Investments LLC’s Mutual Funds.
You must be 13 or over to submit information to SustainableWealth.org.
Wow, at that CNBC reporter.
“There’s not alot of alternatives besides US assets.”
Non-US and especially emerging market equities and bonds have been smoking hot this year. There are also plenty of strong currencies available besides the dollar. The dollar is not some currency of last resort that everyone has to use “just because” it’s the reserve currency. The reporter seems to be behind the times by about 10 years, thinking that everyone will use American currency simply because of it’s well…American.
I am also assuming you two were arguing over the dollar carry trade at the end of that segment? I’m very afraid of the repercussions once the first interest rate hike hits, or even the weeks before-hand once the rumor mill churns up about the announcement.
I just feel like we are on borrowed time. I hope I am wrong about that.