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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Nouriel Roubini is making public comments again, this time saying that the risk of a global recession is greater than 50%.
In addition, he says that the next two to three months are crucial.
“This is not the time to be in risky assets,”. Cash is the place to be
WSJ interview Simon Constable:
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