Tuesday, December 21, 2010

Meredith Whitney: Play the Ag Sector, It Is Booming

Meredith Whitney appeared on CNBC today defending her important call about the very real problems in the muni bond sector. During her appearance, she also contrasted the problems in the coastal states versus the agricultural mid-sector of the U.S. which is booming. Play anything in the ag sector she says, banks, retail etc.

2 comments:

  1. Merdith sometimes has some good ideas but here she is recommending buying at a market top.

    The ag sector is traded by the ETF MOO; it manifested three white soldiers, that is a reversal pattern.

    This is not the time to be invested in stocks or bonds or commodities; the only exception is food commodities, FUD, and agricultural commodities, RJA and these are not for the average investor; they are for the wealthy looking for a long term investment.

    Gold is a currency, the premier currency; it will soon be going higher. I plan to hold onto my gold bullion. I recommend gold to all.

    For a detailed stock, bond and commodity report, one can read the linked article Stocks And Commodities Manifest Three White Soldiers As The Euro Falls Lower

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  2. We are moving to an agricultural based economy? God help us. We had an agricultural based economy in the 18th century. According to Meredith we are headed there again.

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