Saut: No Bottom in Financials, Housing
Jeffrey Saut, chief investment strategist at Raymond James & Associates in St. Petersburg, Florida, talks about the outlook for financial and housing markets, investing in dividend-paying stocks, and some of his equity recommendations.
Jeffrey Saut Doesn't See Bottom in Financials, Housing
Source:
Jeffrey Saut Doesn't See Bottom in Financials, Housing: Video
Bloomberg, June 3 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aZoK7LLVEVTc
Tuesday, June 03, 2008 | 04:30 PM | Permalink
| Comments (5)
| TrackBack (0)
add to de.li.cious | 
digg this! | 
add to technorati | 
email this post
TrackBack
TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c52a953ef00e5529e2c1b8833
Listed below are links to weblogs that reference Saut: No Bottom in Financials, Housing:
Comments
It is hard not to agree, but we have seen this trading behavior many times during the year. Whether or not this is the "ultimate low" is still undecided, but like recent quarters, the strategy has been: new unexpected writedowns, then fear of collapse followed by new capital raise and/or borrowing from the fed, then fear the system is breaking, and then a very nice double digit rally. I would think we are in the fear of collapse new capital raise portion. Getting close to a trading rally again.
Posted by: IBH | Jun 3, 2008 4:56:39 PM
The comments to this entry are closed.
