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Keep ’em Coming Bartender…

They say a pessimist  is  just an optimist who has the facts.

They also say that where a pessimist sees a half empty glass, and the optimist half full; the pragmatist simply fills the rest of the glass with Vodka.  This week Barron’s Magazine published the midyear roundtable update and it just might leave you to choose the glass from the pragmatist.

Felix Zulauf, is a Swiss Hedge Fund Manager, a member of the Barron’s round table and no doubt sees the Global Financial Glass as half empty.  Author Lauren R. Rublin describes Zulaf’s interview as a warning that the “the financial system is at risk of collapsing.”

Mr. Zulauf’s comments include:

As for the Euro it is a misconstruction. As I [Zulauf] said in January, I expect the disintegration to begin in the second half of the year.  That should lead the world into financial and economic crisis…

The potential exists for a broad-based nationalization of the credit system, capital controls and dramatic restrictions on financial markets.  Some might even be closed for some time.

One can’t help but read such an analysis without thinking of the old saw: “other than that Mrs. Lincoln, how did you enjoy the show?”

How is an investor to react?  Mr. Zulauf (as do the rest of the roundtable) offers some specifics, but out of respect for Barron’s content, and to refrain from implicitly recommending specific picks I suggest you visit the article itself (or pick up the latest copy at the newsstand).

Just remember to fill your glass before you read.

Click here to request a proposal from Barnhart Investment Advisory

 

DISCLAIMER: Nothing in this article should  be construed as a personal recommendation or investment advice.  Nor should anything in this article be construed as an offer, or a solicitation of an offer, to sell or buy any particular investment security.   Investors should conduct their own due diligence and seek the advice of a financial and/or investment  professional before making any investment decisions.

Discussion

2 thoughts on “Keep ’em Coming Bartender…

  1. So, dried foods and Vodka. Got it. Anything else?

    Posted by Tom VanAntwerp | June 13, 2012, 8:14 AM

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