THE LEGENDARY INVESTOR LEUTHOLD IS BULLISH

WATCH HERE

I don't think he presented strong support for his arguments. He says the comparisons with the depression are ludicruis and that 74 was signicantly worse than the current period. In the current cycle we have had the real price of oil hit an all time high, also the housing market wasn't imploding then, and government and private debt as a % of earnings were much lower in 74 and 29(prior to 29 there was no Keynesian economics to encourage gov. to be irresponsible) In 29 we had a relatively large trade surplus too. Additionally wages rose the decade before 29 because our country was competitive at that time.

Edited by Xenophon, 04 March 2009 - 04:39 PM.

WATCH HERE

Yep. He will be "LEGENDARY" for how much money he loses this year, IF he actually bets where his mouth is.

WATCH HERE

Yep. He will be "LEGENDARY" for how much money he loses this year, IF he actually bets where his mouth is.

He's up 26.01% with his Grizzly Fund

We hold 2 of his funds and get his monthly 'green book' and we've spoken to his fund wholesalers many times. Let me just say that the man's been overly-bullish (and now WRONGLY bullish) for months now and thought the November low was 'THE LOW'. I have no idea why the man's getting this much attention, oh wait, yes I do, because he just reopened his 'Core' fund 2 days ago to current investors (the fund's been closed for years). I would completely disregard anything Leuthold has to say right here and now, but that's just me.

We hold 2 of his funds and get his monthly 'green book' and we've spoken to his fund wholesalers many times. Let me just say that the man's been overly-bullish (and now WRONGLY bullish) for months now and thought the November low was 'THE LOW'.
I have no idea why the man's getting this much attention, oh wait, yes I do, because he just reopened his 'Core' fund 2 days ago to current investors (the fund's been closed for years).

I would completely disregard anything Leuthold has to say right here and now, but that's just me.

He was a frequent guest on CNBC back in that November timeframe. I've never followed his performance, but I found his commentary on tv to be more of the typical bullish talking points. In other words, I've got no idea why it's newsworthy that yet another guy is declaring the bottom is in.

He is the new cheif LOL. Investors here, investors there, that is not trading. It was buffet in October/November. Oh muy, the slope of hope...wave 3 down we go, a lot more to go.

He was bullish all throughout last year in his appearances. Just search the web. I don't ever recall him being otherwise. I think they just threw in that one fund of his family to make it appear that it was another bear who was turning bullish. People have tuned out excessively bullish strategists and fund managers.

We hold 2 of his funds and get his monthly 'green book' and we've spoken to his fund wholesalers many times. Let me just say that the man's been overly-bullish (and now WRONGLY bullish) for months now and thought the November low was 'THE LOW'.
I have no idea why the man's getting this much attention, oh wait, yes I do, because he just reopened his 'Core' fund 2 days ago to current investors (the fund's been closed for years).

I would completely disregard anything Leuthold has to say right here and now, but that's just me.

So then he does fade his own public comments. sheesh.