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Thursday
Jan082015

Jim Rickards on Europe and the US economy

Erin sits down with Jim Rickards – author of “The Death of Money” and chief global strategist at West Shore Funds – to discuss the US and Europe. In October, data coming out of the US demonstrated lower mortgage yields and a surge in refis added to 4-year lows in gas prices to give consumers more disposable income. Jim tells us what he thinks of the new data and also gives us his thoughts on divisions at the ECB. He also projects how far Chinese growth will have to fall in order to make a successful rebalancing a possibility and gives us his prediction on what will happen if oil prices continue to stay weak.

To watch this video please click here.

 

Is the bottom really in? Could there be a final capitulation just ahead of us? Have you plenty of cash to take advantage of the coming bargain prices?

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