Sri Kumar: A More Authentic Take on US Markets
The other day a listener asked me where do we find reliable information. The answer is to listen to those who will tell you what you don’t want to hear. Here is something I consider as reliable.
Sri Kumar of TCW Inc. “QE2 is just I consider it alchemy.. trying to base metal into gold.” He also says that there is only so much a monetary policy can do. He says, more eloquently than I ever can, that without a major structural reform the markets are going to go down much further from here. For those of you who are looking for what to do in the investing world, he offers some suggestions. Please watch.