Mark Mobius from Franklin Templeton:
“One of the biggest risks I see in the year ahead is the ability of politicians in developed markets to take timely, meaningful action to address fiscal policy. If politicians can’t work together and delay any real action, there is a risk that both the U.S. and Europe could slide into recession, erasing much of the gains we generally saw in global equity markets in 2012.”
Read more at 2013 Emerging Markets Outlook | Mark Mobius Blog Investment Adventures in Emerging Markets.
Colin Twiggs is a former investment banker with almost 40 years of experience in financial markets. He founded PVT Capital (AFSL number 546090), which provides income and growth strategies to wholesale clients.
Colin also co-founded Incredible Charts and writes the popular Patient Investor newsletter.
Using a top-down approach, Colin identifies macro trends in the global economy and then combines fundamental and technical analysis to evaluate opportunities in sectors that stand to benefit.
Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008/2009 and 2020 bear markets well ahead of actual events.