Filed under: Analyst Reports, Forecasts, India, Brazil, Market Matters, Technical Analysis
Technical analyst Robin Griffiths of Cazenove Capital has come up with a dire prediction for the West. Using his charting method, he foresees a 20-year secular downturn in the West. We are halfway through this period.
Griffiths has a unique way of putting it. He says that: "We should own in the East and rent in the West. In the East, you can own equities in countries like India and Brazil and without watching them too closely, will be sitting on returns of over 100% over the long term."
Continue reading Technical Analyst Foresees Another 10 Years in Decline
Technical Analyst Foresees Another 10 Years in Decline originally appeared on BloggingStocks on Wed, 04 Aug 2010 13:00:00 EST. Please see our terms for use of feeds.
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