American oligarch Pete Peterson appears to be decidedly bearish on the United States. During an interview with FT, he recommends going short the dollar and Treasury bills, and going long gold and Goldman. He is also bearish on oil and California IOU's. He is bullish on China.
His bearish take on oil (He says "long term" short) is because he expects alternative fuels to enter the market soon.
During the interview he also disclosed that he and George Soros would be meeting soon to discuss, ahem, philanthropic endeavours.
No comments:
Post a Comment