Felix Zulauf, Interviewed by King World

December 17, 2011 8:00am by Barry Ritholtz

Terrific interview from Kingworld with Felix Zulauf, member of Barron’s Roundtable for over 20 years, and founder of Zulauf Asset Management AG

Felix Zulauf 12_11_2011

Synopsis:

• Bottom line be defensive. This is not a usual economic cycle.
• Need large cash position to buy projected turmoil next year. Says maybe we chop around first few months, but expects severe turmoil next year. Says we need stimulus and money printing, but the austerity campaign is preventing this.
• Expects 1-3 countries to exit Euro 2012
• If the crisis is mishandled, even 2013 may be at risk for turmoil and continued recession.
• Buy gold, maybe dip to 1500
• No equities and stressed this point of no equities.

Source: King World News

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client. References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. The Compound Media, Inc., an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers Please see disclosures here: https://ritholtzwealth.com/blog-disclosures/

twitter

facebook