An Unofficial Tracking Blog of World Famous Financial Gurus.
This blog tracks famous financial gurus' market commentary, investment ideas, video interviews and media appearances.
Disclaimers: The information on this blog provided is for informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. You should not make any decision, financial investments, trading or otherwise, based on any of the information presented on this blog without undertaking independent due diligence and consultation with a professional broker or competent financial adviser. You understand that you are using any and all Information available on or through this blog at your own risk.
20:31
An alarming credit boom in China could trigger a crisis that would make 2008 look mild in comparison
China, in particular, has seen credit as a percentage of the economy jump 50% in the last four and a half years
China has the “fastest credit growth you can image in the whole of Asia.”
Faber warns that China isn’t the only problem area. Other Asian countries are also seeing big jumps in household debt.
Source: http://www.fxstreet.c...
09:18
Today’s top gainer is Magnum Hunter Resources Corporation (NYSE:MHR). The energy company shot up +11.17% ($7.12) after presenting a better-than-expected Q3 earnings report. Billionaire George Soros acquired 250,000 shares for $3.27 last quarter. This position represents 0.01% of Soros’ portfolio.
The second company in our daily gainers list is The Gap, Inc. (NYSE:GPS). The clothing firm rose +8.68 to $41.03 on the heels of...
08:50
[VIDEO] CLICK READ MORE TO VIEW IT. [VIDEO]
...
