Invest Intelligence When It Realy Matters
February 2012 Global Economics Summary
Over the past nine months we have emphasized our view that much more risk lay ahead relative to estimates given by Wall Street, the IMF and others.
We have also continued to remind readers that investor’s perception of risk is likely to bounce from region to region over the next few years, similar to the movement of a ball in a pinball machine. Moreover, the possibility of a cascading sequence of adverse economic events is possible at every target this ball strikes.
Just prior to the initial market selloff in 2011, we warned subscribers of the Intelligent Investor of a market correction in the May 2011 issue. We also provided warnings a couple of months earlier pointing to a weakening global economy in the second half of 2011. The peak risk during this cycle occurred in early October 2011.