Global: Who needs Enzio's Economic Clock?

Sat, 08 Dec 2007 02:06:10 -0800

Introduction:

We have little value to add at this stage of market jumpiness. Subscribers know what The Economic Clock™ is presaging particularly about America, and they also know about our views concerning "de-coupling" as well as what is "different" this time. Crucially, they also have been told how to save - or indeed make money off our advice.

So we want to step back and re -address this issue of who in the first place even "should" be interested in The Economic Time™ as an investment compass - and who should not. We cannot be all things to all people, and certainly are keeping value judgments out of this.

I used to be the Chief Asia economist for what is today Merrill Lynch and UBS, and what has remained ABN AMRO. Fine houses, great people to work with. So what I observe below has no hidden agenda. The point is simple: analysts increasingly have to watch their pens and avoid any form of "sell" recommendation - if they want to keep their jobs, that is. This often tainted advice is not good for institutions, but at least they can read between the lines of analysts' recommendations. However, the retail investor, the one whom we are addressing, often cannot read the pea soup of an analyst's somewhat tainted recommendations. We are not insinuating that all analysts' recommendations are tainted; we are asserting that they often have to be just in order to keep the corporate on side for other business.

Enzio's Clock - Global: Who needs Enzio's Economic Clock? - Comments

Global: Who needs Enzio's Economic Clock?