Article written by Prieur du Plessis, editor of the Investment Postcards from Cape Town blog.
Stock market historian and CLSA consultant Russell Napier discusses with John Authers, head of FT’s Lex, his warning that the real bear market in the S&P has yet to come and could push the US equities index down to 400, plus he explains how emerging markets could trigger a leap in US Treasury yields.
Click here or on the image below to watch the video.
Source:.ft.com/v/946244201001/Long-View-Historian-sees-S-P-as-low-as-400″>Financial Times, May 16, 2011.
Historian Napier sees S&P as low as 400 was first posted on May 17, 2011 at 9:30 am.
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