January 25, 2010
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<Stock market : Up or Down?>
World Economic Forums at Davos later this week (official website)
A trillion-dollar question : Will global stocks go up or down in 2010?Debates never end until 2011. See bloomberg’s coverage here. Below are the roster for each side (click their name for bloomberg news coverage) :
Bearish side – Stock will go down in 2010
Roubini (“Dr Doom”, correctly predicting the financial crisis in 2007)
George Soros (the guy attacking HKD peg in 1998)
Joseph Stiglitz (Nobel Laureate)
Stephen Roach (Morgan Stanley, Asia-Pacific Chairman)Bullish side – Stock will go up in 2010
Bob Doll (CIO of BlackRock)
Barton Giggs (ex Morgan Stanley strategist)
David Rubenstein (Carlyle Group co-founder)
